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13 Jul 2025 19:32
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  •   Home > News > Rural

    Fonterra's boss says the company is on the home straight - when it comes to debt and earnings

    Fonterra's boss says the company is on the home straight - when it comes to debt and earnings


    Fonterra
    Fonterra
    It's reported a 659-million-dollar net profit for the 2019/2020 season, after a 605-million-dollar loss last year.

    The co-op's paying a final dividend of five cents per share and its farmgate milk price is seven-dollars-14 per kilogram of milk solids.

    Fonterra chief executive Miles Hurrell says they have a couple of asset sales that are still progressing - and he feels good about the momentum they've got on their earnings.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
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     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
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     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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