Fonterra raises earnings outlook after profit jump Q3 net up 11% on strong ingredients and consumer sales29 May 2025 29 May 2025 1 minute read 1 minute read By: By: Global Ag Media OceaniaFonterra Co-operative lifted the lower end of its annual earnings forecast on Thursday, after reporting a rise in third quarter profit, citing strong performance at its ingredients channel and volume growth at consumer operations, reported Reuters. The New Zealand-based dairy company is now eyeing the year-end earnings per share to be between 65 and 75 New Zealand cents, higher than 55 to 75 cents, expected earlier. It logged a third quarter normalised profit after tax of NZ$1.16 billion ($692.06 million), 11% higher than the previous year. ($1 = 1.6762 New Zealand dollars)