News | Rural
29 Apr 2024 14:37
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 > 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.

    © 2024 Newstalk ZB, NZCity

     Other Rural News
     23 Apr: Sheep farmers are being urged to hang on
     21 Mar: The boss of Fonterra is playing down concerns about the Chinese market
     21 Mar: A good news day for Fonterra shareholders
     21 Mar: Dairy farmers will be breathing a sigh of relief with Fonterra's latest results
     20 Mar: There's bad news for dairy farmers on the eve of Fonterra's half year results -- with dairy prices dropping a further 2.8 percent at the latest Global Dairy Trade auction this morning
     13 Mar: Sheep and beef farmers are looking down the barrel of their worst year in 15 years
     07 Mar: Sheep and goat milk farmers are being left with few options as the sector grinds to a halt
     Top Stories

    RUGBY RUGBY
    Franklin has beaten Tauranga 85-74 in their NBL basketball match in Pukekohe More...


    BUSINESS BUSINESS
    Farm pay appears to be surviving industry headwinds More...



     Today's News

    Entertainment:
    Francia Raisa has admitted donating a kidney to Selena Gomez "did a lot" for her 14:14

    Business:
    Farm pay appears to be surviving industry headwinds 14:07

    Cricket:
    A largely settled Black Caps squad is expected to be unveiled this afternoon for June's T-20 World Cup across the West Indies and United States 13:58

    Law and Order:
    A woman accused of murdering an elderly Wellington woman has appeared Wellington District Court today, charged with fraud 13:47

    Politics:
    New Zealand is leading the charge - with its school cellphone ban 13:47

    Entertainment:
    Travis Kelce's mom thinks Taylor Swift's new album is her "best yet" 13:44

    Entertainment:
    Chrissy Teigen wants to keep Meghan, Duchess of Sussex's jam "forever" 13:14

    Health & Safety:
    Belief a global skin cancer vaccine trial could lead to a cure 13:07

    Entertainment:
    Courteney Cox wishes she had been a "firmer parent" 12:44

    Law and Order:
    Motorists are being urged to take care in driveways - after two child deaths in rural South Auckland, in the past week 12:27


     News Search






    Power Search


    © 2024 New Zealand City Ltd