You're listening to a share these podcast, what do you see for twenty twenty five? Anyway, the main challenges are head fourth on terror.
Yeah, I think the geopolitical landscape that we see ourselves, and you know, we've been dealing with us, as I say, for a long long time. But yeah, the situation it's playing out in gars of the situation that's been playing out in Ukraine. You know, the elections that we've seen in North America. All these things you know, have have have seen more come to light, I guess in a
relatively short period of time. So making sure we're nimble enough for that, having a strong balance sheet to withstand any shocks that come our way, really strong customer partnerships, and so despite all these things that go on around us, you know, people still need to eat, people still need to consume, and if things get hard, you know, having the wrong relationships and place globally could sit you back.
But if you've got these partnerships, the custom partnerships that have been around for a long long time, they will stand some good stead we believe to get us through. And then you know, it sounds simple, but the diversification of our markets, you know, is you know, while there are some markets that we may struggle to deal sometimes because it can be a little bit tough and getting cash out of them, or they may speak a different language,
whatever it may be. You know, just having the boots on the ground to be able to deal with those markets and those customers because at certain times you need them, and so that's important for us and something that's helplesus to date in terms.
Of investors, for Cheesys and investors anyway. I mean, I probably should explain that there are the two types of Fontierra shares. Is the co op she is if CG I think it is, and then you've got the Fontierra she hold a fund with the if IF three fund, which is probably what most shares these investors will be thinking about. Obviously, investors always look at the outlook and where a company is going. China obviously being talked about a lot. You've got the farm gate price, those sorts
of things. The outlook. I think you gave some guidance back in December, and it would seem fairly as you say, record highs for that farm gate price. Is there anything our set's helpful for investors to understand in terms of you know, where a company might be headed.
I mean, look, it's no secret that we went through some pretty tough times to go back to twenty seventeen eighteen nineteen, and we had to sort of do things differently and we've talked a bit about that, and you know, as a result, our year for us took a hit, and probably rightly so. But hopefully in the last two or three years, you know, we're showing our investors, we're shown our hearholders, We're shown that the unit holders that you know we stand up and say we're going to
do something, we get on and do it. We are delivering. Our performance has shown that we're delivering and despite a record high milk price, you know, earnings and the earnings persh year guidance that we've got out there is also pretty good. We've increased our dividend policy which also shows that there's a half decent yield there as well. So all those things hopefully give some confidence to the sharholder community that we're here for all our stakeholder groups, which
includes farmers, unit holders. Clearly the New Zealand and public have an interest in what we do, and Wellington obviously like to take a bit of interest from time to time. So you know, we understand the role that we play, but you know, hopefully the performance to date, the clarity of our strategy and where we're heading, gives that confidence that unit holders and shoeholders have in their business.
So your March results are coming soon, and who knows, we can't expect too many surprises, but you're pretty confident that things are steady in tracking along.
Yeah, so that finished over the weekend the thirty. The end of January was the end of the half years, and so yeah, we're expected to come out in mid March with what those results look like. And so yeah, there's nothing that to get away from our guidance out there at the moment of forty to sixty cents and a milk price of ten dollars midpoint.
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