Synlait withdraws profit guidance after A2 Milk warning
Expected 50% profit drop 'will not now be attainable'.
NBR staff
Thu, 04 Mar 2021
Milk processor Synlait has withdrawn is full year profit guidance citing “significant uncertainty and volatility”.
In a statement to the NZX, Synlait said new factors had emerged which were expected to hit earnings for the full year to July.
The main contributor was ongoing uncertainty
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly
credit card debit
Premium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly
credit card debit
Premium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly
credit card debit
Premium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly
credit card debit
Yearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
NBR staff
Thu, 04 Mar 2021
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
