NZ Agri-Insights

NZX · NZX:FCG

Fonterra Co-operative Group

co-op · Dairy · FY-end 07-31

Farmer-owned dairy co-operative and New Zealand’s largest goods exporter. It collects most of the country’s milk, pays a regulated Farmgate Milk Price, and sells ingredients and foodservice products globally. Statutory NZX filings can read like a 1-pager; the Co-op’s own results pack, milk-price statement and quarterly business updates carry the management commentary. FY-end is 31 July. Q1 and Q3 are business updates, not full accounts.

Fonterra Shareholders' Fund (NZX:FSF) — Unit trust that gives economic exposure to Fonterra shares. Not a second operating company.

Cadence
Annual, Interim, Quarterly update
Last reported
HY26 · 23 Mar 2026
Next window (est.)
Annual · late Sept 2026

Latest numbers · HY26

Six months ended 31 January 2026. Includes Mainland Group while still under Fonterra ownership.

NPAT
$750m
Operating profit
$1.2b

History

NPAT
$1.1bFY24$1.1bFY25$750mHY26

Reports & sources

  • HY26 · Interim

    Announced 23 Mar 2026 · period ended 31 Jan 2026

    Six months ended 31 January 2026. Includes Mainland Group while still under Fonterra ownership.

    NPAT $750m · Operating profit $1.2b

  • FY25 · Annual

    Announced 25 Sept 2025 · period ended 31 Jul 2025

    Revenue $26b · NPAT $1.1b · Operating profit $1.7b · Farmgate milk price $10.16 / kgMS · Milk collections 1,509m kgMS · Dividend 57.00 cps

  • FY24 · Annual

    Announced 26 Sept 2024 · period ended 31 Jul 2024

    Revenue $23b · NPAT $1.1b · Operating profit $1.5b · Farmgate milk price $7.83 / kgMS · Dividend 55.00 cps · Return on equity 11.3%