Larry Williams Drive

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’s 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.  LISTEN ABOVE. See omnystudio.com/listener for privacy information.