Fonterra Shareholders' Fund stock reports FY26 earnings growth

Published on 09/29/2026 at 11:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fonterra Shareholders' Fund stock carries FY27 earnings guidance of 65 to 85 cents per share dated September 24, 2026. FY26 dividends reached 73 cents after 57 cents.

FSF, NZFSFE0001S5, Illustration mit AI erstellt.

Fonterra Shareholders' Fund (ISIN NZFSFE0001S5) units were NZD 8.59 on the NZX at 1:00 p.m. NZST on September 29, 2026, with a session range of NZD 8.48 to NZD 8.60 and volume of 33,009. The annual results released on September 24, 2026, give investors a sharper earnings and distribution framework for the fund.

FY26 results lift distributions

FilingReader reported total revenue of NZD 287.0 million for the 12 months ended July 31, 2026, alongside a 38.00 percent total unit holder return. The board declared a fully imputed final distribution of NZD 0.33 per unit, payable on October 15, 2026.

The distribution backdrop is tied to Fonterra's continuing operations and the fund's economic interest in the co-operative. Fonterra reported underlying operating profit of NZD 1.8 billion for FY26, up 23.60 percent from the prior year, while underlying earnings reached 71 cents per share versus 54 cents previously.

Guidance sets the next checkpoint

Fonterra's FY27 underlying earnings guidance is 65 to 85 cents per share, according to its September 24, 2026 release. The forecast range places the next year's midpoint at 75 cents, compared with FY26 underlying earnings of 71 cents, a quantified comparison that frames the outlook as a continuation of the improved earnings base.

The co-operative also forecast a 2026/27 farmgate milk price range of NZD 8.50 to NZD 10.50 per kgMS. The FY26 fully imputed dividend totaled 73 cents per share, up from 57 cents, while the final payment was 33 cents and included the effect of the Mainland transaction.

FSF units hold above NZD 8

The NZD 8.59 NZX quote on September 29, 2026, stood NZD 0.11 below the session high of NZD 8.60 and NZD 0.11 above the low of NZD 8.48. The precise market snapshot matters because the fund's distribution profile now sits alongside a forward earnings range rather than a single-point forecast.