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Fonterra Co-operative Group Limited ( (NZ:FCG) ) has shared an announcement.
Fonterra reported a robust first-half FY26 performance, with total revenue rising to NZ$13.9 billion and profit after tax edging up to NZ$750 million, supported by strong milk flows and resilient operations. The co-op lifted its forecast Farmgate Milk Price midpoint to NZ$9.70 per kgMS, increased full-year earnings guidance, and declared fully imputed interim and special Mainland dividends alongside a targeted NZ$2.00 per share capital return tied to the Mainland Group divestment.
The company’s Ingredients and Foodservice businesses delivered solid returns on capital as Fonterra advances its shift toward a pure B2B dairy nutrition model following the NZ$4.22 billion sale of its global consumer and Mainland Group businesses to Lactalis. It is investing in new protein, butter and cream capacity across several New Zealand sites and progressing decarbonisation and ERP projects, while warning that Middle East conflict-related supply chain disruption and commodity price volatility could pressure inventory and costs in the second half.
More about Fonterra Co-operative Group Limited
Fonterra Co-operative Group Limited is a New Zealand-based dairy co-operative and a major global supplier of dairy nutrition. The group focuses on business-to-business ingredients and foodservice channels, producing high-value proteins, butters, creams and other dairy products sourced from its New Zealand farmer network for customers worldwide.
Average Trading Volume: 162,660
Technical Sentiment Signal: Buy
Current Market Cap: N$10.01B
For detailed information about FCG stock, go to TipRanks’ Stock Analysis page.