New Zealand's a2 Milk said on Monday its first-half profit halved as sales of its infant milk formula product continued to fall in China, but forecast second-half revenue to be significantly higher ...
(Reuters) -New Zealand's a2 Milk reported a 21% jump in its full-year profit on Monday helped by strong China demand, and announced the acquisition of a manufacturing facility to expand its share in ...
CEO David Bortolussi highlighted strong operational and financial performance, noting 10% revenue growth and an upgrade to FY'25 revenue guidance to low to mid-double-digit percentage growth. He ...
The company's share price has dropped by more than -40% year-to-date, and its current valuations are below historical averages. But the outlook for a2 Milk and China's infant milk formula market is ...
New Zealand's a2 Milk Co posted a better-than-expected annual profit on Monday and forecast a positive 2023, as the dairy producer benefited from a recovery in demand for its China and English label ...
A2 Milk Co. has cut its annual revenue and profit margin forecasts as the New Zealand-based dairy company continues to face pressure in the Chinese infant-formula market. Revenues are now expected in ...
SYDNEY—Dairy-nutritional company a2 Milk still views China as key to growth despite the country’s infant-formula market shrinking due to its falling birthrate. Births in China fell by more than ...
The precipitous slide in a2 Milk ATM shares following the release of fiscal 2023 earnings belies the company’s solid and improving position in Chinese infant formula. We think the market is ...
A2 Milk has been handed its best shot yet to break into the U.S. infant formula market with temporary access to the market granted by the U.S. Food and Drug Administration. Despite receiving ...
FY25 profit up 21%, slightly ahead of consensus Final dividend of 11.5 NZ cents a2 to buy NZ manufacturing facility for NZ$282 million Selling Mataura Valley Milk stake Aug 18 (Reuters) - New ...
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