Churning through the numbers: Fonterra dishing out dividends, Synlait's comeback

Churning through the numbers: Fonterra dishing out dividends, Synlait's comeback
Fonterra's Miles Hurrell and Synlait's Tim Carter will report their company's results over the next two weeks. (Images: Getty, Supplied)
Riley Kennedy
Fonterra Co-operative Group’s farmer shareholders could receive an increased dividend as its earnings continue to be boosted by its ingredients and consumer channels.This week kicks off a mini-reporting season for the dairy sector. Fonterra will report its half-year results on Thursday, and Synlait Milk will report next Monday.Yili-owned Westland Milk Products, which recently lost its chief executive Richard Wyeth to Synlait, is on a calendar year financial cycle and generally reports its results in late March or early April.The results c...

More Primary Sector

Potential Mainland buyers may soon tap regulators
Primary Sector

Potential Mainland buyers may soon tap regulators

Fonterra's divestment process is gaining traction.

Riley Kennedy 17 Apr 2025
TTR files fast-track application to mine Taranaki sand
Primary Sector

TTR files fast-track application to mine Taranaki sand

Seabed mining firm Trans-Tasman Resources has lodged its application to fast-track its project to harvest iron sands off the coast of Taranaki. The firm's parent company, Manuka Resources, told the Australian Securities Exchange (NZX) on Wednesday that the application was lod...

Staff reporters 16 Apr 2025
Scott Technology's revenue drops 14%
Primary Sector

Scott Technology's revenue drops 14%

Its long term strategy is not far away.

Riley Kennedy 16 Apr 2025