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Primary Industries
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Fonterra stocks gain on strong earnings and outlook

Dairy co-op CEO Miles Hurrell looks forward to sales process for $3.4b Consumer unit "kicked off before Christmas".

Fonterra chief executive Miles Hurrell.

Tim Hunter Wed, 25 Sep 2024

The price of Fonterra shares and its associated listed fund units posted healthy gains after the dairy co-op announced a strong result and a positive outlook for next year.

Co-op shares, restricted to farmer suppliers, were up 6.9% to $3.74 by early afternoon, while units in the Fonterra

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Tim Hunter Wed, 25 Sep 2024
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Fonterra stocks gain on strong earnings and outlook
Primary Industries,
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