BRIEF-Fonterra Co-Op Lifts 2025/26 Season Forecast Farmgate Milk Price Midpoint

Reuters02-20
BRIEF-Fonterra Co-Op Lifts 2025/26 Season Forecast Farmgate Milk Price Midpoint

Feb 20 (Reuters) - Fonterra Co-Operative Group Ltd FCG.NZ:

  • FONTERRA PROVIDES FARMGATE MILK PRICE AND EARNINGS UPDATE

  • EXPECTING TO DISTRIBUTE MAINLAND GROUP EARNINGS AS SPECIAL MAINLAND DIVIDEND

  • LIFTS 2025/26 SEASON FORECAST FARMGATE MILK PRICE MIDPOINT FROM NZ$9.00 PER KGMS TO NZ$9.50 PER KGMS

  • INTENDS TO PAY OUT 100% OF UNDERLYING EARNINGS GENERATED BY MAINLAND GROUP DURING FY26 WHILE STILL UNDER FONTERRA OWNERSHIP

  • WE EXPECT SPECIAL MAINLAND DIVIDEND TO BE IN RANGE OF 14-18 NZ CENTS PER SHARE

Further company coverage: FCG.NZ

((Reuters.Briefs@thomsonreuters.com;))

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