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27 Oct 2025 13:21
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  •   Home > News > Business

    Fonterra's happy it's further reduced debt

    Fonterra's happy it's further reduced debt


    Fonterra
    Fonterra
    It's made a 599 million dollar profit this financial year, 60 million dollars down on last time.

    The dairy giant says last year's results were boosted by selling shares in two companies.

    Farmers will get a final 2020-to-21 farmgate milk price of seven dollars.54 a kilo of milk solids, and shareholders a 20 cents per share dividend.

    CEO Miles Hurrell says it's shipped record volumes overseas despite the pandemic, and has continued to cut debt.

    © 2025 Newstalk ZB, NZCity

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     Today's News

    Motoring:
    Liam Lawson narrowly misses track marshals running across F1 Mexico City Grand Prix track 13:17

    Equestrian:
    Another accolade for leading equestrian rider Tim Price 13:07

    Technology:
    ACCC sues over Microsoft 365 subscription hikes allegedly misleading millions of Australians 12:37

    Dunedin:
    A crash between two cars - one towing a caravan - has blocked State Highway 1 north of Dunedin 12:27

    Motoring:
    F1 Mexico: Lando Norris wins and leads Formula 1 standings, Oscar Piastri fifth in Mexico City Grand Prix 12:07

    Business:
    NZ’s first marine reserve is turning 50 – the lessons from its recovery are invaluable 12:07

    Netball:
    No rush to determine any change in personnel in the Silver Ferns' backroom 11:57

    Cricket:
    Central Stags pace bowler Blair Tickner has been added to the Black Caps squad for the two remaining ODI matches against England 11:07

    Environment:
    An emergency response in the South Island's continuing as more wild weather draws closer 10:47

    Cricket:
    Captain Sophie Devine believes the White Ferns couldn't have prepared any better for the women's One-Day World Cup in India...despite a last game eight-wicket loss to England leaving them 6th in the 8-team standings 10:27


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