BUZZ — New Zealand's Fonterra rises to over 5 — month high on strong annual results

* Shares of Fonterra gain as much as 1.3% to NZ$4.86, their highest levels since April 17 * The dairy producer reports annual profit after tax NZ$2.61 billion ($1.48 billion) for FY26, more than double from NZ$1.1 billion a year earlier * Fonterra flags volume of milk produced in FY27 could reduce due to an extended El Niño; forecasts FY27 underlying earnings per share between 65 NZ cents and 85 NZ cents, reports FY26 EPS of 71 NZ cents per share * FCG declares final dividend of 33 NZ cents per share * About 468,130 shares change hands, 2.6x the 30-day average volume * Stock has gained 23.8% year to date ($1 = 1.7621 New Zealand dollars) (Reporting by Rudrannsh Mehra in Bengaluru) ((Rudrannsh.Mehra@thomsonreuters.com)