Fonterra reports strong revenue growth, fund assets soar

Fonterra Co-operative Group Limited reported strong financial performance for the 12 months ending July 31, 2025. Revenue from continuing operations increased 18% to NZD $24,111,000, while total revenue grew 15% to NZD $26,450,000.

Despite a 4% decrease in net profit for continuing operations to NZD $1,004,000 and total net profit to NZD $1,079,000, this reflects an increase in tax expense due to the election not to deduct distributions to farmer shareholders. Profit before tax from continuing operations and total profit before tax was up by 16% and 13% respectively.

The company declared a final dividend of NZD $0.3500 per quoted equity security, payable on October 15, 2025, to shareholders on record by October 2, 2025. Net tangible assets per quoted equity security stood at NZD $4.10, up from NZD $3.97 in the prior comparable period.

The Fonterra Shareholders' Fund also reported significant growth for the same period. Revenue from continuing operations soared 149% to NZD $394,000, with total revenue matching this figure. Net tangible assets per quoted equity security for the fund increased to NZD $6.99 from NZD $3.95 in the prior comparable period. The fund's revenue primarily comprises net fair value movements of Economic Rights of Fonterra Shares and any dividend income.