Fonterra updates earnings
Fonterra says its earnings for the 2025 financial year are anticipated to be in the upper half of its previously forecast earnings range of 40-60 cents per share.
The New Zealand Food Network delivered some of this direct to the larger Auckland based food hubs and evacuation sites.
Network chief executive Gavin Findlay says with hundreds of Aucklanders displaced by the flooding, the donation of quality dairy products and will go a long way to ensuring many of those affected have access to good nutritious food.
“Once again, our great partners at Fonterra are helping us get food to where it’s needed most.”
“Fonterra’s quick response to this emergency shows their commitment to doing good together for the sake of our communities and reinforces the pride we have in having them on the NZFN team.
“We are getting the rest out to other charities (in and out of Auckland) that are supporting our flood impacted communities.
“Fonterra also went one step further by offering us volunteer support to help sort, pack and redistribute the other emergency donations coming through our Auckland warehouse.”
