Fonterra Co-operative Group reported $27 billion in revenue for fiscal 2026. Reported profit after tax reached $2.6 billion. This figure represents a 142% increase driven by the sale of the Mainland business. Underlying operating profit rose 23.6% to reach $1.8 billion.
The co-operative announced a final Farmgate Milk Price of $9.69 per kgMS. Shareholders will receive a total dividend of 73 cents per share. This payout is an increase from 57 cents in the previous year.
Fonterra will invest $1 billion over the next three years. This capital will expand the protein manufacturing network in the South Island. The expansion aims to meet global demand for sustainable, protein-rich dairy products. The investment also intends to improve the company's environmental performance.