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Fonterra shrugs off supply chain disruption, boosts forecasts

Dairy cooperative’s CEO Miles Hurrell says there is still plenty of demand emerging from the Middle East.

Fonterra’s Auckland headquarters.

Will Mace Mon, 23 Mar 2026
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Key points
  • Revenue: Up $1.3 billion to $13.9b for the six months to the end of January.

  • Profit: Increased to $750 million from $729m.

  • Main takeaway: The global dairy co-op is keenly watching developments in the Middle East.

 

Fonterra has shifted its full-year earnings guidance further towards the top end of its previous estimate despite the uncertainty created by conflict in the Middle East.

In announcing is half-year result for the six months to the end of January, the dairy cooperative said earnings from continuing

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Will Mace Mon, 23 Mar 2026
Contact the Writer: william@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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Key points
  • Revenue: Up $1.3 billion to $13.9b for the six months to the end of January.

  • Profit: Increased to $750 million from $729m.

  • Main takeaway: The global dairy co-op is keenly watching developments in the Middle East.

 

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Fonterra shrugs off supply chain disruption, boosts forecasts
Primary Industries,Investment,
113409
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