Fonterra FY26 Results: $9.69 Milk Price, $3.4bn Profit
Fonterra has unveiled its annual results for the 2026 financial year, posting $27 billion in revenue and close to $20 billion returned to New Zealand farmer owners and unit holders.
At last week’s Deloitte Top 200 Awards, McBride won the Chairperson of the Year award, and Zespri was crowned Company of the Year. McBride will step down next February as Zespri chairman.
Fonterra shareholders are keen to see a seismic shift in Fonterra’s direction and fortunes.
McBride was appointed to the board last month — the only one of the three board-anointed candidates to get through.
Is chairman McBride the answer? Only time will tell.
