Penno explains lower profit and outlook
John Penno says Synlait paid more for milk from suppliers.
Synlait Chief Executive John Penno talks about his company's results on NBR Radio and on demand on MyNBR Radio.
Hot Topic
Hawke’s Bay
Synlait Milk [NZX: SML] managing director John Penno is pinning future growth on commissioning a largescale sprayer that will pave the way for production of more infant formula products.
He was responding to questions from NBR about why Synlait's after-tax profit was down nearly 50% compared with
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
Chris Hutching
Tue, 22 Sep 2015
Tue, 22 Sep 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Penno explains lower profit and outlook
51772