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Fonterra reports strong interim results for FY24

New Zealand dairy giant Fonterra has unveiled robust interim results for FY24, marked by a significant rise in profits and an enhanced dividend payout.

Fonterra reports strong earnings amid challenges in FY23

New Zealand dairy giant Fonterra announced its financial results for the fiscal year ending on 31 July 2023, with full-year earnings of 95 cents per share, with a profit after tax of $1.6 billion and a final Farmgate Milk Price of $8.22 per kgMS for the 2022/23 season. 

Murray Goulburn confirms sale of Kiewa Country Milk brand

In a statement issued yesterday, Murray Goulburn confirmed the sale of its Kiewa Country Milk brand to a “local business”. “MG is pleased to announce...

Dairy industry and Government convene to discuss milk price cut

The Andrews Labor Government has set up a meeting with Victoria’s dairy industry leaders to discuss Murray Goulburn’s shock decision to cut its farmgate...
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