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Hot Topic Budget 25
General Business
5 mins to read

Fonterra makes cautious return to dividends

Co-op’s full year result comes in at top of guidance range.

NBR staff
Fri, 18 Sep 2020

Dairy giant Fonterra has restored its dividend payout at a modest 5c a share alongside a return to profit with the help of gains from asset sales.

Chief executive Milkes Hurrell said it was a good year for the co-op with profit up, debt down and a strong milk price.

“We increased our profit

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NBR staff
Fri, 18 Sep 2020
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Fonterra makes cautious return to dividends
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