Brief: Fonterra Forecasts FY27 Underlying Earnings Range 65-85 NZ Cents Per Share
BRIEF-Fonterra Forecasts FY27 Underlying Earnings Range 65-85 NZ Cents Per Share Sept 24 (Reuters) - Fonterra Co-operative Group Limited FCG.NZ:
FONTERRA DELIVERS STRONG FY26 PERFORMANCE
FY27 FORECAST UNDERLYING EARNINGS RANGE: 65-85 NZ CENTS PER SHARE
2026/27 FORECAST ORGANIC MILK PRICE: NZ$14.30 PER KGMS, WITH A RANGE OF NZ$13.30 - NZ$15.30 PER KGMS
CO-OP WILL INVEST AN INCREMENTAL NZ$1 BILLION OVER NEXT THREE YEARS IN SOUTH ISLAND
WILL REVERT TO PRIOR PRACTICE OF FORECASTING EARNINGS FOR RELEVANT FINANCIAL YEAR
FY DIVIDEND NZD 0.73
FY NET INCOME NZD 2,608 MILLION
FY REVENUE NZD 27,432 MILLION
Further company coverage: FCG.NZ
((Reuters.Briefs@thomsonreuters.com;))
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