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13 Jul 2025 19:31
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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
     29 Jun: Dairy farmers are remaining optimistic, despite some road bumps
     04 Jun: Dairy prices are down 1.6 percent at the latest Global Dairy Trade auction
     29 May: Good news for Fonterra dairy farmers - accompanied by a "but"
     29 May: Fonterra's reporting a strong rise in profit, while warning of more global uncertainty on the horizon
     26 May: Farmers are sounding the alarm - warning the sheep industry is collapsing
     25 May: Strong global dairy commodity prices are expected to be good news for farmers this season
     22 May: New Zealand farmers are benefiting from a dairy renaissance
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