New Zealand's Fonterra at over 7-1/2-year high on increased final dividend

Fonterra-operative

25/09/2025 02:16

** Shares of Fonterra FCG.NZ rise 1.7% to NZ$6.10, their highest level since early February 2018

** The world's largest dairy exporter declares final dividend of 35 New Zealand cents apiece, up from 25 NZ cents paid last year

** The Auckland-based company's FY operating profit rose across its units — ingredients division up 17.4% and food service division rose 8.6%

** However, FCG reported FY profit after tax of NZ$1.08 billion ($627.80 million) versus NZ$1.13 billion a year earlier

** YTD, stock up 45.2%

(Reporting by Sherin Sunny in Bengaluru)

((Sherin.Sunny@thomsonreuters.com))