News | Rural
30 Nov 2025 5:06
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
     28 Nov: Farmers are turning out more milk with fewer cows
     25 Nov: Fonterra still expects most dairy farmers to break even this season
     23 Nov: Calls for farmers to get on top of worm treatment for their dogs - to stop the spread of C-ovis or sheep measles
     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
     Top Stories

    RUGBY RUGBY
    Jorja Miller feels at home as a leader in the Black Ferns Sevens More...


    BUSINESS BUSINESS
    Changes to regional councils could create debate about what to do with the assets they own More...



     Today's News

    Environment:
    South-East Asia flood deaths rise as Cyclone Ditwah hits Sri Lanka, heads towards southern India 4:37

    Living & Travel:
    About 90 Jetstar flights cancelled due to global recall of Airbus A320 planes 22:16

    Dunedin:
    Police say there are serious injuries following a crash in Dunedin's Bucklands Crossing 21:56

    Entertainment:
    Machine Gun Kelly has compared his intimate skills to those of a Formula 1 driver 21:38

    Living & Travel:
    Police fear a kayaker may be missing off the Kapiti Coast after an unattended kayak and personal belongings were discovered 21:17

    Entertainment:
    Arnold Schwarzenegger has detailed how a visit to mark Veterans Day inspired him to organise a private film screening for former service members 21:08

    Entertainment:
    Tori Spelling and her ex-husband have been hit with a bill for more than $1.3 million in unpaid federal and state taxes 20:38

    Entertainment:
    Rupert Grint has written to Alastair Stout, who will play Ron Weasley in the new Harry Potter TV series 20:08

    Entertainment:
    Aaron Paul moved to France in the wake of the Los Angeles wildfires 19:38

    Rugby:
    Jorja Miller feels at home as a leader in the Black Ferns Sevens 19:37


     News Search






    Power Search


    © 2025 New Zealand City Ltd