Fonterra reports increased net profit, interim dividend

Demand is strong for quality products. (Image: NZME)

Thu, 20 Mar 2025

Fonterra Co-operative Group has increased its profit after tax by 8% in the first half of its financial year.The dairy giant reported net profit of $729 million for the six months to January 31 with operating profit up 16% to $1.1 billion.It will pay an interim dividend of 22 cents per share – up from 15c last year – with return on capital at 10.2% for the period, down from 13.4%.It is the first result under the co-op's latest long-term strategy, which targets a return on capital of between 10% and 12% with an increased div...

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