Farmlands More Than Doubles Pre-Tax Profit
Farmlands has reported higher operating earnings and a profit before income tax of $4.5 million, up 118.9%, for the year ended 30 June 2026.
OPINION: Your canine crusader notes that rural services company Farmlands recently announced a bumper profit of $17.1 million for the 2022 financial year.
It also declared a $8.6m after tax rebate - the first return it has delivered to its shareholders in four years.
However, word around the traps is that while the company might be doing better in a financial sense, it is losing staff faster than the Labour party is shedding popularity in the polls.
According to chief executive, Tanya Houghton, the company is providing, "a great product range and pricing, specialist sector expertise and excellent customer service".
However, it appears Houghton and her leadership team's 'K-Martization' of Farmlands - including enforcing weekend trading at many of its stores and pushing online shopping - has seen a number of its long-serving staff head for the door.
Three men have been sentenced in District Courts after Ministry for Primary Industries prosecutions over animal welfare, food safety and cattle tracing offences.
Fonterra’s 2026 financial year was a year of delivery, with record volumes of milk collected, processed and shipped by the co-op.
OPINION: The Government's decision to reinstate agriculture and horticultural science as a standalone subject from Year 11 is the right one.
Dairy farmers, still holding onto their Fonterra shares despite switching milk supply elsewhere or exiting the industry, now face a stricter share sell-down requirement.
Hamilton-based agritech company Aimer Farming has completed a $3 million capital raise to support its next stage of growth, including a beef farming product due to launch in 2027.
When dairy manager Miriam Lauridsen learned the farm, she was joining held weekly health and safety meetings, she initially thought that was “a bit over the top”. Experiencing that culture changed her mind.

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