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Fonterra Co-operative Group (FCG) briefings
Read that company's published results in release order, newest first.
Underlying profit rose $268m to $1,182m amid non-comparable Fund revenue drop
Fund-level statutory revenue fell 98.8% on a non-comparable reporting base, while underlying profit rose to $1,182m.
Published 24 September 2026
Read briefingFSF interim distribution jumps 82% to 40c on Fonterra Mainland special
Investment 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 2026
Read briefingHY25 interim NPAT up 8% to $729m, prior-period comparisons distorted
Operating profit up 16% to $1,107m on improved mix; headline declines reflect HY25 vs FY24 full-year basis, not underlying weakness.
Published 22 April 2026
Read briefingFSF HY25: Entity restructure makes all headline earnings comparisons
The Fonterra Shareholders' Fund now reports only investment income of NZD 154m, making the prior-period profit figures structurally incomparable.
Published 22 April 2026
Read briefingContinuing NPAT fell 6%; total NPAT down 28% on discontinued operation
Strong $1.6b free cash flow funded a 15c special dividend on top of the 40c ordinary payout for FY24.
Published 22 April 2026
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