News | Business
26 Oct 2020 13:33
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    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.

    © 2020 Newstalk ZB, NZCity


     Other Business News
     26 Oct: The long weekend has seen an unexpected frenzy of new house buyers and investors, since LVRs came off earlier last year
     26 Oct: Auckland's water drought is getting a small boost from Pukekohe's water bores
     26 Oct: The rural healthcare sector is urgently calling for more migrant workers
     26 Oct: A former landlord could have her house seized, after failing to pay back bond money to tenants
     25 Oct: A leading motorsport analyst believes Scott McLaughlin's success will carry over to IndyCar
     24 Oct: Why Manchester United's Marcus Rashford is becoming a thorn in the British Government's side
     24 Oct: A 30 metre long air bridge is being installed on Auckland's Hobson St this morning
     Top Stories

    RUGBY RUGBY
    New Warriors coach Nathan Brown's still waiting to get into the country More...


    BUSINESS BUSINESS
    The long weekend has seen an unexpected frenzy of new house buyers and investors, since LVRs came off earlier last year More...



     Today's News

    Golf:
    Lydia Ko's celebrating her third top-ten finish since the LPGA Covid-19 era restart 13:27

    International:
    Why the 2020 US Presidential election has millions of Americans waiting in line for hours to vote early 13:27

    International:
    Lebanese families are taking the treacherous journey across the sea to Cyprus. Little Mohammed didn't make it 13:27

    Motorsports:
    He failed to complete half the race, but you can't wipe the smile off Kiwi Scott McLaughlin's face 13:27

    International:
    Facebook blocks user for nudity in photos of Indigenous Vanuatu ceremony 13:07

    Business:
    The long weekend has seen an unexpected frenzy of new house buyers and investors, since LVRs came off earlier last year 13:07

    Law and Order:
    The Corrections Association claims assaults on staff are through the roof 12:47

    Auckland:
    A woman's being treated for smoke inhalation after a house fire in Auckland's Flat Bush 12:27

    Business:
    Auckland's water drought is getting a small boost from Pukekohe's water bores 12:27

    International:
    Doctor recalls frantic effort to save shark attack victim off north Queensland coast 12:17


     News Search






    Power Search


    © 2020 New Zealand City Ltd