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On top of a forecast $10 milk price (Milk Price range narrows: NZ $9.70 - $10.30 per kgMS), Fonterra Ltd has increased its FY25 full year earnings guidance from 40-60 cents per share to 55-75 cents per share.
Fonterra released its FY25 interim results today. The Co-op鈥檚 dividend policy is 60-80% of full year earnings, with up to 50% of the full year dividend to be paid at interims.
That's a possible range of 33 to 60 cents.
The Country host Jamie McKay talks to Tim Beveridge about Fonterra's results.
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