A2 Milk shares plunge despite 'fantastic' result
Investors took a dim view of A2 Milk's results, even though the company beat its own frequently upgraded guidance. With special feature audio.
A2 Milk’s [NZX: ATM] share price dived as much as 10% on Wednesday, despite the dairy products company beating its own guidance on annual operating earnings.
The company reported earnings before interest, tax, depreciation and amortisation (ebitda) of $54.6 million for the year ended June compared
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Jenny Ruth
Thu, 25 Aug 2016
Thu, 25 Aug 2016
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A2 Milk shares plunge despite 'fantastic' result
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