Synlait shares jump on new contract with Foodstuffs South Island
Synlait is eyeing ready-to-drink export markets including for infant formula.
Jenny Ruth Thu, 21 Dec 2017
Synlait's shares jumped nearly 5% to $7 yesterday after it announced a 10-year agreement to supply Foodstuffs South Island with fresh milk and cream packaged under the Value and Pams private labels from early 2019.
Although the share price is down from its recent $8.25 high after it reported
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