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Primary Industries
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Fonterra delivers $16b to farmer shareholders

The dairy co-op reports a record milk payout and a strong profit result for the year to July.

NBR Staff Thu, 25 Sep 2025
Key points
  • Revenue: $24.1b, up 18%
  • Net profit: $1.08b, down 4%
  • Key takeaway: Milk payout of $15.3b and dividends of $916m make for record returns to shareholders.

Dairy co-op Fonterra has reported a record milk payout and its third-highest earnings per share, as chief executive Miles Hurrell lauded one of its strongest years in terms of shareholder returns.

“We continue to see good demand from global customers for our high-quality products made from New

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NBR Staff Thu, 25 Sep 2025
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Key points
  • Revenue: $24.1b, up 18%
  • Net profit: $1.08b, down 4%
  • Key takeaway: Milk payout of $15.3b and dividends of $916m make for record returns to shareholders.
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Fonterra delivers $16b to farmer shareholders
Primary Industries,
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