Analysts upbeat on Fonterra earnings outlook

Earnings before interest and taxation in FY25 was $1.7 billion, including Mainland. (Image: Getty)

Mon, 29 Sep 2025

Analysts lifted their 12-month target price on units in the Fonterra Shareholders’ Fund after the dairy co-op said post-divestment earnings would return to current levels by the 2028 financial year.The $4.22 billion sale of the consumer and related businesses to Lactalis will be put to farmers on Oct 30.It includes the base sale price of $3.845b, plus an additional $375 million following the resolution of a dispute with Bega Cheese Limited, resulting in the inclusion of the Bega licences in the transaction. Fonterra is targeting a ta...

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