Infant formula growth spurred $43m capital raising, says A2 CEO
A2 says its infant formula business is growing faster than expected, which is why it needs more capital.
Hot Topic
Hawke’s Bay
A2 Milk [NZX: ATM] chief executive Geoff Babidge says the company's $43 million capital raising was spurred by infant formula sales in Australia and China being ahead of budget.
“The main issue around the capital raising pertains to the performance, certainly for the first two months of full-year
Want to read more? It's easy.
Choose your best value subscription option
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 debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Jenny Ruth
Thu, 08 Oct 2015
Thu, 08 Oct 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Infant formula growth spurred $43m capital raising, says A2 CEO
52284