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24 Dec 2025 12:22
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  •   Home > News > Rural

    As part of today's interim results, Fonterra confirmed an 800-million-dollar payout of 50 cents per share, subject to the sale of a business in Chile

    As part of today's interim results, Fonterra confirmed an 800-million-dollar payout of 50 cents per share, subject to the sale of a business in Chile


    Fonterra
    Fonterra
    Fonterra's been selling overseas assets, under chief executive Miles Hurrell's leadership, after global expansions didn't pan out.

    Hurrell says the sale's done - and they're just waiting for cash in the bank.

    He says the payout is in line with expectations so he's really pleased.

    Half-year profits have shot up to 546-million-dollars and there's an interim dividend of 10 cents.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     19 Dec: The Reserve Bank's weighing in on the Fonterra deal
     12 Dec: Dairy farmers are being warned they'll be taking a cut in earnings, due to falling global dairy prices
     04 Dec: Fonterra is getting closer to selling off its consumer brands like Anchor and Mainland
     03 Dec: The fall in global dairy prices continues
     01 Dec: A number of farms are converting to dairy, but cow numbers still lag behind previous peaks
     28 Nov: Farmers are turning out more milk with fewer cows
     25 Nov: Fonterra still expects most dairy farmers to break even this season
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