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Fonterra Co-operative Group (FCG) investor relations material
Fonterra Co-operative Group AGM 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.AGM 2025 summary10 Dec, 2025
Opening remarks and agenda
Meeting opened with health and safety instructions, confirmation of quorum, and a welcome, with over 50 shareholders present or voting.
Agenda included Chairman's review, CEO address, Q&A, voting on six resolutions, and Council report.
Introduction of directors, management, auditors, and media attendees.
Financial performance review
FY25 farm gate milk price was NZD 10.16/kgMS, up from NZD 7.83, exceeding expectations.
Total cash returns to shareholders reached NZD 16.2 billion, up over 30% from last year.
Operating profit rose to NZD 1.732 billion, profit after tax was NZD 1.1 billion.
Dividend increased to NZD 0.57 per share, fully imputed, at the upper end of policy range.
Return on capital was 10.9%, up from 9.9%, and normalised EPS increased to 71 cents.
Board and executive committee updates
Acknowledgement of Andy Macfarlane's retirement from the Board and his ongoing ambassador role.
Board recognized for guiding strategic direction and delivering strong results.
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Next Fonterra Co-operative Group earnings date
H1 202618 Mar, 2026
Next Fonterra Co-operative Group earnings date
H1 202618 Mar, 2026
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Frequently asked questions
Fonterra Co-operative Group Limited, established in 2001 through the merger of New Zealand Dairy Group and Kiwi Co-operative Dairies, alongside the New Zealand Dairy Board, is a leading New Zealand multinational dairy co-operative. Fonterra's core operations involve the export of dairy products under the NZMP brand, with a significant portion of its New Zealand production being exported globally. The company also manages a fast-moving consumer goods division, Fonterra Brands, and operates in various international markets through subsidiaries and joint ventures. The company is headquartered in Auckland, New Zealand, and its shares are listed on the New Zealand Stock Exchange.
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