Corrected: NZ's Fonterra posts over 6% rise in nine-month profit

Fonterra-operative

27/05/2026 21:52

Corrects the reporting period in headline and paragraph 2 to clarify it is a nine-month period, and in paragraph 1 to say it is year-to-date
May 28 (Reuters) - New Zealand's Fonterra FCG.NZ on Thursday reported a 6.2% rise in its year-to-date profit, on the back of higher milk production and stronger shipment volumes for the period.
The New Zealand-based dairy company posted nine-month total group operating profit of NZ$1.76 billion ($1.04 billion), up from NZ$1.66 billion last year. 

($1 = 1.6946 New Zealand dollars)

 (Reporting by Rajasik Mukherjee; editing by Alan Barona)
 ((Rajasik.Mukherjee@thomsonreuters.com))