Fonterra Raises FY26 Earnings Forecast to 60-70 NZ Cents Per Share

Author: Miles Brown

Fonterra Lifts FY26 Earnings Forecast

Fonterra Co-Operative Group has raised and narrowed its FY26 forecast earnings range to 60-70 NZ cents per share. The company is experiencing cost inflation and shipping disruptions.

Q3 Results

Q3 total group operating profit reached NZ$1.8 billion. The 2025/26 season forecast farmgate milk price has been narrowed to NZ$9.60-$9.80 per kgMS.

2026/27 Season Outlook

The company announced an opening 2026/27 season forecast farmgate milk price of NZ$9.75 per kgMS, within a range of NZ$8.00 - NZ$11.00 per kgMS.

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