Fonterra Reports YTD Operating Profit of NZ$1.8 Billion
Fonterra Reports YTD Operating Profit of NZ$1.8 Billion
Fonterra Co-Operative Group reported a year-to-date (YTD) total group operating profit of NZ$1.8 billion. The company also raised and narrowed its FY26 full-year earnings forecast to 60-70 NZ cents per share.
Cost Inflation and Shipping Disruptions
Fonterra is experiencing cost inflation and shipping disruptions but maintains strong operational performance. The 2025/26 season forecast farmgate milk price range has been narrowed to NZ$9.60-$9.80 per kgMS.
Initial Forecast for 2026/27 Season
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. Fonterra highlighted that global dairy demand remains robust and operational efficiency efforts are yielding results.
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