News | Business
3 Jul 2025 7:30
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 > Business

    Fonterra has big plans for the future

    Fonterra has big plans for the future


    Fonterra
    Fonterra
    It's made a 599 million dollar profit this financial year, 60 million dollars down on last time, which had been elevated by sales of shares in two companies.

    Shareholders will receive a 20 cents per share dividend.

    Chief financial officer Marc Rivers says Fonterra wants to return dividends of about a billion dollars by the 2024 financial year, by selling more innovative and profitable products.

    He says there's a lot of potential for the co-op and they're excited about the future.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     02 Jul: Prices for top-end butter are through the roof, with little recourse for shoppers
     02 Jul: Woolworths is recalling potentially plastic-infused mince, sold in its North Island stores
     02 Jul: The Commerce Commission's issued a warning to Foodstuffs North Island, over an alleged breach of the Grocery Supply Code
     02 Jul: Air New Zealand is adding 127-thousand seats to Christchurch for the Special Olympics
     01 Jul: New World is launching a reusable container trial in September
     01 Jul: The economy's inching closer to recovery - but hurdles persist
     01 Jul: Businesses still see hope on the horizon, but recovery still remains slower than expected
     Top Stories

    RUGBY RUGBY
    The Junior Tall Blacks have advanced to the last eight of the under-19 basketball World Cup for the first time More...


    BUSINESS BUSINESS
    Prices for top-end butter are through the roof, with little recourse for shoppers More...



     Today's News

    Law and Order:
    Sean 'Diddy' Combs found not guilty of sex trafficking and racketeering but guilty of transport for prostitution 7:27

    Law and Order:
    A woman's in custody and talking to Police, after the discovery of a newborn baby's body in a wheelie bin in Auckland 7:27

    Basketball:
    The Junior Tall Blacks have advanced to the last eight of the under-19 basketball World Cup for the first time 7:17

    Entertainment:
    Queen Latifah's first paycheque was "87 bucks" from Burger King 7:06

    Environment:
    Some parts of the country are bracing for more heavy weather, less than a week on from severe flooding 6:57

    Entertainment:
    Jessie J is still awaiting the results of her recent surgery 6:36

    Entertainment:
    Sean 'Diddy' Combs' attorney claims that allegations against the rapper have been "badly exaggerated" 6:06

    Law and Order:
    Police have charged 12 more people - over a large dangerous boy racer meet in Levin, over King's Birthday weekend 21:57

    Entertainment:
    Sir Rod Stewart came close to cancelling his Glastonbury performance 21:36

    Rugby:
    The Maori All Blacks are making some strategic adjustments as they prepare to host Scotland in Whangarei on Saturday 21:17


     News Search






    Power Search


    © 2025 New Zealand City Ltd