News | Business
24 Oct 2021 22:06
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 has big plans for the future

    Fonterra has big plans for the future


    Fonterra
    Fonterra
    It's made a 599 million dollar profit this financial year, 60 million dollars down on last time, which had been elevated by sales of shares in two companies.

    Shareholders will receive a 20 cents per share dividend.

    Chief financial officer Marc Rivers says Fonterra wants to return dividends of about a billion dollars by the 2024 financial year, by selling more innovative and profitable products.

    He says there's a lot of potential for the co-op and they're excited about the future.

    © 2021 Newstalk ZB, NZCity

     Other Business News
     24 Oct: National says its new plan for rental accommodation will help renters and investors alike
     23 Oct: The Government's enhanced support package for businesses won't be enough for everyone, but will help
     22 Oct: Boats, cars, properties and 500 thousand dollars worth of cash
     22 Oct: Global supply chain issues could cause a shortage in toys leading up to Christmas
     22 Oct: Auckland's recorded its first ever population decline -- due to the ongoing impact of Covid-19 on international migration
     22 Oct: Auckland Council's doing what it can to support local businesses hit by Covid-19
     22 Oct: Only time will tell just how much New Zealand will benefit, from its new free trade agreement with the UK
     Top Stories

    RUGBY RUGBY
    The All Blacks have put the United States to the sword, scoring 16 tries in a 104 - 14 hammering in Washington D.C More...


    BUSINESS BUSINESS
    National says its new plan for rental accommodation will help renters and investors alike More...



     Today's News

    Health & Safety:
    Two Covid-19 cases have been found in the Waikato town of Otorohanga 21:54

    Law and Order:
    Police are investigating the death of a newborn baby at a Christchurch property 21:14

    Rugby:
    The All Blacks have put the United States to the sword, scoring 16 tries in a 104 - 14 hammering in Washington D.C 18:54

    Law and Order:
    A man will face a raft charges after today's serious firearms incident in Waikanae, on the Kapiti Coast 18:34

    Politics:
    The Opposition's rubbishing the Government's new Covid traffic light system 18:04

    Rugby:
    The All Blacks' depth at halfback is growing following an impressive starting debut for Finlay Christie 17:24

    Cricket:
    Black Caps assistant coach Shane Bond has high expectations of his spin bowlers ahead of cricket's Twenty20 World Cup in the UAE 17:14

    Cycling:
    Celebrations are on hold for Kiwi cyclist Aaron Gate 17:14

    Rugby:
    The Wallabies have lifted to third on the world rugby rankings - but just how real that improvement is will be proven on the fields of Europe next month 16:54

    Law and Order:
    Colombia's most wanted drug lord 'Otoniel' captured in jungle raid 16:44


     News Search






    Power Search


    © 2021 New Zealand City Ltd