A2 eyes extra manufacturing capacity

Rebecca Howard
Thu, 27 Feb 2020

A2 eyes extra manufacturing capacity
Rebecca Howard
Thu, 27 Feb 2020
A2 Milk lifted first-half profit 21.1 percent and said the scale of its infant nutrition business meant it is now looking at participating in additional manufacturing. It remained fairly sanguine about the impact of covid-19. Net profit rose to $184.9 million in the six months ended Dec. 31 as total revenue climbed 31.6 percent to $806.7 million, the Auckland-based, Sydney-headquartered A2 said.Sales in the infant nutrition segment totalled $659.2 million for the period – an increase of 33.1 percent from the same six months a year earlier....

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Markets market close
Positive earnings lift NZ sharemarket
Dan Brunskill | Fri, 20 May 2022

The NZ market was one of the few climbing markets as investors in other parts of the world worried about the risk of a global recession.

Law & Regulation
Unlawful collection of Companies Office fees fixed under urgency
Ian Llewellyn | Fri, 20 May 2022

The Companies Office's administration of fees may have saved costs, but the problem is it was against the law.

Markets FREE
Brian Gaynor: legacy of a towering financial figure
Brenda Ward | Fri, 20 May 2022

At his funeral in Auckland, family, friends and colleagues of Brian Gaynor recalled a passionate man who had the confidence and courage to back his sometimes controversial opinions.

Partner content
What’s driving the ram raids, and what shop owners can do

Scott La Franchie explains the motivations behind the spate of burglaries.

Partner content
Grow your business by taking time to plan

Getting business fundamentals right gives the best chance at beating the unplannable.