
Why Fonterra’s latest outlook means big gains for dairy farmers
Fonterra raised its 2025 earnings guidance to 55-75 cents per share.
Fonterra raised its 2025 earnings guidance to 55-75 cents per share.
Expectations of a $10/kg-plus milk price remain in place despite weak dairy auction.
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Fonterra has upgraded its milk price to a mid-point of $10/kg.
Dairy prices lift again despite a mixed result at the latest auction.
'The market has improved, and it’s favourable for New Zealand.'
Sales at the top three dairy companies have dropped by 9-13% in the first half of 2024.
Concerns about China cast a shadow over share price.
Lack of capital for the FMCG operation is not the only reason for Fonterra's exit.
'We could end up with an extra $4b added to incomes.'
More good news following the 4.8% jump from the previous event two weeks ago.