Fonterra Co-operative Group (FCG)•HY26•Released 23 March 2026FSF interim distribution jumps 82% to 40c on Fonterra Mainland specialInvestment income rose 8.4% but most of the distribution and a $2.00 capital return reflect Fonterra's Mainland divestment, not recurring earnings.Published 22 April 2026Read briefing→
Fonterra Co-operative Group (FCG)•FY25•Released 20 March 2025HY25 interim NPAT up 8% to $729m, prior-period comparisons distortedOperating profit up 16% to $1,107m on improved mix; headline declines reflect HY25 vs FY24 full-year basis, not underlying weakness.Published 22 April 2026Read briefing→
Fonterra Co-operative Group (FCG)•HY25•Released 20 March 2025FSF HY25: Entity restructure makes all headline earnings comparisonsThe Fonterra Shareholders' Fund now reports only investment income of NZD 154m, making the prior-period profit figures structurally incomparable.Published 22 April 2026Read briefing→
Fonterra Co-operative Group (FCG)•FY24•Released 25 September 2024Continuing NPAT fell 6%; total NPAT down 28% on discontinued operationStrong $1.6b free cash flow funded a 15c special dividend on top of the 40c ordinary payout for FY24.Published 22 April 2026Read briefing→