Fonterra Co-operative Group Ltd

Fonterra Co-operative Group Ltd is a prominent player in the global dairy industry, located at 109 Fanshawe Street, Auckland, New Zealand. As a New Zealand dairy giant, Fonterra is recognized for its substantial impact on the market and its commitment to innovation and sustainability.

Financial Indicators

For the fiscal year ending 31 July 2023, Fonterra reported a robust financial performance with a revenue of NZ$22.3 billion and a net profit after tax of NZ$1.6 billion. The cooperative achieved a normalized profit after tax of NZ$1,158 million, reflecting an 11% increase. Looking ahead, Fonterra projects its earnings per share for FY25 to rise by 13% to 70 cents.

Important Company Events

Fonterra has recently made significant adjustments to its forecast Farmgate Milk Price midpoint for the 2024/25 season, raising it from NZ$8.50 to NZ$9.00 per kilogram of milk solids (kgMS). Additionally, the Farmgate Milk Price for the 2025/26 season has been set at NZ$10.00/kgMS. The cooperative also reported an increase in earnings after tax by NZ$119 million compared to the previous year.

Company Plans

Fonterra is actively pursuing several strategic initiatives to strengthen its market position:

• Innovation in Dairy Products: The company is investing in research and development to create high-value dairy products and sustainable packaging solutions.
• Expansion into Emerging Markets: Fonterra is increasing its presence in rapidly growing markets across Asia and Latin America.
• Sustainability Initiatives: Committed to achieving net-zero carbon emissions by 2050, Fonterra is focusing on water conservation and renewable energy.
• Enhancing Farmer Support: The cooperative is providing technical assistance and financial services to foster a strong cooperative culture.

In addition, Fonterra is exploring divestment options for its global Consumer business, considering a trade sale and an initial public offering (IPO). These strategic moves align with emerging market trends and sustainability goals, reinforcing Fonterra's leadership in the global dairy sector.

Modified: 2025/10/29