Half Year 2025 Fonterra Co-Operative Group Ltd Earnings Presentation (Pre-recorded) Transcript

Mar 20, 2025 / NTS GMT

Release Date Price: €2.83

Transcript

Miles Hurrell

Fonterra Co-Operative Group Ltd - Chief Executive Officer

Here, I'm Miles Hurrell, CEO of Fonterra. And along with our CFO, Andrew Murray, I'm pleased to share our FY25 interim results. We've had a strong first half with milk collections, forecast Farmgate milk price, and earnings performance all up on this time last year.

Our profit after tax is $729 million, with an earnings of $0.44 per share, resulting in an interim dividend of $0.22 per share. At the same time, we've maintained the forecast Farmgate milk price midpoint of $10 a kilogram and taken the opportunity to narrow the range given where we're at with our contract rate and the time of the season.

While we're focusing on the performance today, we're also looking

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