Fonterra Co-operative Group Ltd

Location: 109 Fanshawe Street, Auckland, New Zealand

Financial Indicators

For the fiscal year ending 31 July 2023, Fonterra reported a revenue of NZ$22.3 billion and a net profit after tax of NZ$1.6 billion. A normalized profit after tax of NZ$1,158 million was recorded, marking an 11% increase. The cooperative's projected earnings per share for FY25 are expected to rise by 13% to 70 cents.

Important Company Events

Fonterra has recently adjusted 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 reported an increase in earnings after tax by NZ$119 million compared to the previous year.

Company Plans

Fonterra is actively pursuing strategic initiatives to enhance its market position, including:

  • Innovation in Dairy Products: Investing in R&D to create high-value dairy products and sustainable packaging solutions.
  • Expansion into Emerging Markets: Increasing its presence in rapidly growing markets across Asia and Latin America.
  • Sustainability Initiatives: Committed to achieving net-zero carbon emissions by 2050, focusing on water conservation and renewable energy.
  • Enhancing Farmer Support: 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 are aligned with emerging market trends and sustainability goals, reinforcing Fonterra's leadership in the global dairy sector.

Modified: 2025/08/27


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