Fonterra’s first-quarter profit rises to $278m

Chief executive Miles Hurrell. (Image: Fonterra)

Thu, 04 Dec 2025

Fonterra Co-operative Group has reported total group profit of $278 million in the first three months of its financial year.That’s up $15m on the same period and equivalent to 17 cents per share.Excluding the costs associated with the divestment of Mainland Group, its normalised earnings per share hit 18 cents.Stripping out Mainland, continuing operations reported a profit after tax of $158m, equivalent to 9 cents per share, down slightly on the same period last year because of differences in sales phasing.It maintained its...

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