Fonterra HY26 revenue rises 10% to NZD 13.9 billion, operating profit up 11% to NZD 1,231 million

Reuters05:38
Fonterra HY26 revenue rises 10% to NZD 13.9 billion, operating profit up 11% to NZD 1,231 million
  • Fonterra published a half-yearly results statement reporting total group revenue of NZD 13.9 billion, up 10.3%.
  • Operating profit rose 11.2% to NZD 1.23 billion, while profit after tax increased 2.9% to NZD 750.0 million.
  • Earnings per share were 45 cents, up 2.3%, and normalised earnings per share were 51 cents, up 8.5%.
  • Continuing operations return on capital was 11.2%, up 0.8 percentage points, and the interim dividend was 24 cents per share with a special Mainland dividend of 16 cents per share.
  • Guidance was updated to a forecast farmgate milk price range of NZD 9.40-NZD 10.00 per kgMS (midpoint NZD 9.70) and continuing-operations FY26 earnings of 50-65 cents per share, with CEO Miles Hurrell citing improvement in global commodity prices alongside strong margins and cost control, while noting ongoing volatility tied to the Middle East conflict.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fonterra Co-operative Group Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: VJ5LZUNR76099DR9) on March 24, 2026, and is solely responsible for the information contained therein.

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