Wed Sep 25 02:00:00 UTC 2024: ## Fonterra Posts Strong FY24 Results, Declares Special Dividend
Fonterra has announced a strong financial performance for the 2024 fiscal year, posting a net profit of $1.1 billion and declaring a special dividend. The news was shared on The Country radio show, where host Jamie Mackay interviewed Fonterra CEO Miles Hurrell.
Hurrell highlighted the positive results, calling FY24 a “very good” year for the dairy co-op. Prime Minister Chris Hipkins echoed the sentiment, celebrating a “great day for Fonterra and for NZ Inc.” He also addressed various issues including a potential capital gains tax, work-from-home policies, and health policy concerns.
The news comes amidst Mental Health Awareness Week, and The Country featured an interview with a woman who spoke about her experience supporting her husband, the president of Federated Farmers, through mental health challenges. The show also included an interview with an outspoken North Otago farmer and environmentalist, who apologized to New Zealand taxpayers and criticized the show’s host.
Finally, the program reported on the Wanganui Centre’s annual Handy Dog Trial, which took place at Papahaua Station.
First Piper 