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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
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

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NBR Staff Wed, 26 Apr 2023
Contact the Writer: editor@nbr.co.nz
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A2 Milk 'surprised' by Synlait downgrade
Investment,
98752
true