Fonterra announces 2023-2024 financial results, impacting milk price for NZ farmers.
Fonterra, the sixth-largest dairy company globally, will announce its financial results for 2023-2024 this week, with New Zealand farmers closely monitoring the milk price. Approximately 8,000 farmers own Fonterra; their benefits depend on share ownership. Investors will be attentive to dividend announcements. Farmers are also anticipating a positive forecast for the 2024-2025 farmgate milk price, amid growing confidence in Fonterra's performance and the dairy industry's future.
September 22, 2024
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