Fonterra Co-operative Group (NZE:FCG) expects fiscal 2026 underlying earnings to reach the top end of its NZ$0.60 to NZ$0.70 per share forecast range, citing "solid" performance throughout the year, according to a Wednesday filing with the New Zealand bourse.
The stronger earnings outlook is expected to support the group's fiscal-year dividend, in line with its policy of distributing 60% to 80% of annual earnings, the filing added.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.