close
MENU
Investment
2 mins to read

A2 Milk 'surprised' by Synlait downgrade

Infant formula marketer says it hasn't reduced its demand by much.

A2 Milk is milk processor Synlait's biggest customer.

NBR Staff Wed, 26 Apr 2023

Infant formula marketer A2 Milk says it is “surprised” by the size of its supplier Synlait’s profit warning this morning but warned its own revenue growth for the year would be “at the low end” of previous guidance.

A2 Milk’s statement to the NZX came hard on the heels of a $20 million

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 Wed, 26 Apr 2023
Contact the Writer: editor@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Company profile
Powered by: nzx logo
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
A2 Milk 'surprised' by Synlait downgrade
Investment,
98752
true