News | Rural
5 Nov 2025 9:06
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 > Rural

    Fonterra's happy it's further reduced debt

    Fonterra's happy it's further reduced debt


    Fonterra
    Fonterra
    It's made a 599 million dollar profit this financial year, 60 million dollars down on last time.

    The dairy giant says last year's results were boosted by selling shares in two companies.

    Farmers will get a final 2020-to-21 farmgate milk price of seven dollars.54 a kilo of milk solids, and shareholders a 20 cents per share dividend.

    CEO Miles Hurrell says it's shipped record volumes overseas despite the pandemic, and has continued to cut debt.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     31 Oct: Chris Luxon is defending Fonterra farmers, who've faced a scathing critique from Winston Peters
     30 Oct: There are no guarantees Anchor, Mainland and Kapiti products will always be made with New Zealand dairy
     30 Oct: Plenty at stake for Fonterra farmers, as they weigh up whether to sell the co-op's consumer brands
     24 Oct: A senior analyst believes the sale of Fonterra's brands wouldn't be just a short term sugar hit
     24 Oct: A belief the sale of Fonterra will benefit the sectors adjacent to the farming industry
     22 Oct: Fonterra's announced a 75-million-dollar investment to expand butter production at its South Canterbury Clandeboye site
     20 Oct: The Prime Minister's in favour of Fonterra's selling Anchor, Mainland and Kapiti - but says it's not his decision
     Top Stories

    RUGBY RUGBY
    The All Blacks coaches are determined to build on their attacking blueprint against Scotland this weekend More...


    BUSINESS BUSINESS
    Rising unemployment is still being felt more in certain regions, sectors, and age groups More...



     Today's News

    Entertainment:
    A$AP Rocky has reignited speculation he and Rihanna have quietly married after referring to himself as her "husband" in a new interview 8:37

    Soccer:
    Trent Alexander-Arnold returns to Anfield for the first time since leaving Liverpool as they host Real Madrid in their Champions League football tie from 9am 8:37

    National:
    The threat of space terrorism is no longer science fiction, but we’re ill-prepared to combat it 8:27

    National:
    Congress has been dodging responsibility for tariffs for decades – now the Supreme Court will decide how far presidents can go alone 8:17

    Entertainment:
    Diane Lane has revealed Tom Cruise chipped his own tooth while filming The Outsiders to prove his commitment to his role 8:07

    Politics:
    Tax rises and benefit cuts are on the horizon as Reeves prepares the UK for a bad-news budget 8:07

    Business:
    Rising unemployment is still being felt more in certain regions, sectors, and age groups 8:07

    International:
    Candidate who seemingly vanished at sea could win seat in New York elections 7:57

    Business:
    New vehicle registrations have risen for four consecutive months 7:57

    Business:
    Dairy prices have fallen 2.4 percent at this morning's Global Dairy Trade auction 7:47


     News Search






    Power Search


    © 2025 New Zealand City Ltd