Displaying items by tag: Miles Hurrell

A record $10/kgMS opening forecast milk price for the new season means more money into Fonterra farmers pockets early, says Federated Farmers dairy chair Richard McIntyre.

Published in General News
Thursday, 29 May 2025 09:28

Solid third quarter result for Fonterra

Fonterra has announced an improved third quarter performance – with a profit after tax of $1.15 billion, up $119 million on the same period last year.

Published in General News

Farmgate milk price could stay above $10/kgMS for two consecutive seasons, however, Fonterra is cautioning farmer shareholders to be wary.

Published in General News
Thursday, 20 March 2025 09:13

Solid half-year result for Fonterra

Fonterra has reported a solid half-year result – an 8% lift in profit after tax to $729 million.

Published in General News
Thursday, 20 March 2025 08:52

Fonterra sticking to $10/kgMS milk price

Fonterra has reaffirmed a forecast milk price mid-point of $10/kgMS for its farmer shareholders, with just over two months of the 2024-25 season left to run.

Published in General News
Tuesday, 18 March 2025 07:55

Fonterra woos investors for consumer business

The divestment process for Fonterra's global consumer business is gaining momentum, with the co-op meeting global fund managers this week on a potential listing of the co-operative's newly formed Mainland Group.

Published in General News
Tuesday, 25 February 2025 08:55

Fonterra mulls options - sale or IPO

An outright sale of Fonterra’s global consumer business is more likely than a float, says Forsyth Barr senior analyst equities, Matt Montgomerie.

Published in General News
Friday, 21 February 2025 10:37

Fonterra updates earnings

Fonterra says its earnings for the 2025 financial year are anticipated to be in the upper half of its previously forecast earnings range of 40-60 cents per share.

Published in General News
Wednesday, 19 February 2025 13:25

Fonterra eyes either sale or IPO of consumer business

Fonterra has updated its plan to divest its global consumer business and integrated businesses, Fonterra Oceania and Fonterra Sri Lanka.

Published in General News
Thursday, 05 December 2024 14:43

Fonterra unveils healthy first quarter profit

Fonterra has unveiled a net profit of $263 million for the first quarter of its 2024-25 financial year.

Published in General News
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