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12 Feb 2025 6:34
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  •   Home > News > Rural

    Fonterra says not being a one trick pony ... has paid off

    Fonterra says not being a one trick pony ... has paid off


    Fonterra
    Fonterra
    The company's reported net profit dropped 22 percent, to 391 million, in the six months to January.

    Discounting last year's asset sales, the normalised figure was 418 million.

    Chief executive Miles Hurrell says the co-op's been differentiating its milk through innovation, sustainability and efficiency.

    He says this kind of diversification has been a real strength through Covid.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
     06 Feb: KiwiRail and Fonterra are celebrating a full return of rail volume to Northland
     29 Jan: Fonterra is investing 150 million-dollars in electrification over the next 18 months
     15 Jan: Good news for dairy farmers - not so good for everyone else
     16 Dec: An early Christmas present for sheep farmers, with rising export prices for lamb
     05 Dec: Fonterra has raised the midpoint of its forecast Farmgate Milk Price, by 50 cents, to 10 dollars
     20 Nov: Dairy prices have risen another 1.9 percent at this morning's Global Dairy Trade auction
     12 Nov: Another global dairy giant could take over some of Fonterra's most well-known brands
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