News | Rural
21 Jan 2022 22:10
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Days of Xmas
  • 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.

    © 2022 Newstalk ZB, NZCity

     Other Rural News
     19 Jan: A pleasant surprise for Fonterra at how much dairy prices have risen at the latest Global Dairy Trade auction
     11 Jan: Fonterra has been forced to slash its milk collection forecast
     18 Dec: Dairy farmers think they could face Covid-19 requirements when milk's picked up in the future
     18 Dec: Fonterra's employees have until the end of the month to say whether they think everyone at the company should be fully vaccinated against Covid-19
     10 Dec: The fate of Fonterra farmers is in the hands of Agriculture Minister Damien O'Connor
     09 Dec: Big changes could be on the horizon for Fonterra
     08 Dec: Another day with good news for dairy farmers
     Top Stories

    RUGBY RUGBY
    The draw for the 2022 Super Rugby Aupiki season has been announced More...


    BUSINESS BUSINESS
    ANZ thinks house prices will fall further than expected this year More...



     Today's News

    Tennis:
    Top seed Ash Barty's expecting to face her first real test at the Australian Open when she faces Italian Camila Giorgi tonight 21:52

    International:
    Bat Out of Hell singer Meat Loaf dies aged 74 21:52

    Entertainment:
    Sidney Poitier died from a combination of heart failure, Alzheimer's dementia and prostate cancer 21:46

    Swimming:
    The Loop: Swimming Australia's apology, reactions to WA backflip, Adele's residency delayed 21:32

    Entertainment:
    Britney Spears says she should've "slapped" her mother and sister "across [their] f****** faces" 21:16

    Accident and Emergency:
    State Highway One north of Levin is closed in both directions, after a two-car crash at Poroutawhao - with two people seriously injured and one moderately 21:12

    Entertainment:
    Kim Kardashian West has been "overwhelmed and upset" by Kanye West's recent antics 20:46

    Politics:
    Government to relax COVID-19 testing rules for international travellers headed to Australia 20:22

    Entertainment:
    Brian Cox thinks the UK is "still as feudal as it ever was" 20:16

    Entertainment:
    Fashion legend Andre Leon Talley has died aged 73 19:46


     News Search






    Power Search


    © 2022 New Zealand City Ltd