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Fonterra Co-operative Group Fiscal 2026 Underlying Earnings, Revenue Up

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Fonterra Co-operative Group (NZE:FCG) logged NZ$0.71 in underlying earnings per share for the fiscal 2026, compared with NZ$0.54 a year ago, a Thursday filing showed.

For the 12 months ended July 31, revenue was NZ$27.43 billion versus NZ$26.45 billion previously, the New Zealand-listed dairy group added.

The board declared a final dividend of NZ$0.33 per share, down from NZ$0.35 a year earlier, payable Oct. 15 to shareholders on record as of Oct. 1.

The co-operative expects fiscal 2027 earnings of NZ$0.65 to NZ$0.85 per share, with milk collections forecast at just above 1.6 billion kilograms of milk solids (kgMS) and a farmgate milk price of NZ$9.50 per kgMS, within a range of NZ$8.50 to NZ$10.50. The 2026 to 2027 organic milk price is forecast at NZ$14.30 per kgMS, with a range of NZ$13.30 to NZ$15.30 per kgMS.

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KLSE:CARIMINKLSE:SEALINK