A2 Milk gets a temporary boost from covid-19

Rebecca Howard
Wed, 22 Apr 2020

Rebecca Howard
Wed, 22 Apr 2020
A2 Milk's profit margin is getting a temporary boost as consumers stock up, the kiwi dollar slides and overhead costs are down.“We are now able to confirm that our revenue for the three months to March 31, 2020 was above expectations” on strong revenue growth across all key regions, particularly infant nutrition products sold in China and Australia, the company said in a trading update this morning.A2 Milk is now anticipating FY20 revenue will be in a range of $1.7 billion and $1.75 billion in the year ended June 30, u...
Opinion
ON THE MONEY: Boag, BNZ, Crimson and more
Victoria Young | Sat, 11 Jul 2020

Professional distancing We’re sure public relations expert and National Party stalwart Michelle Boag has had a few ups and downs in her colourful career, but you know things are rough when one of your...

Opinion
JEHAN CASINADER: Politicians are the worst advertisement for democracy
Jehan Casinader | Sat, 11 Jul 2020

In Wellington, when it rains, it pours.In recent weeks, there has been a steady stream of political scandals. Blunders, sagas, hiccups and missteps – too many to count.These events remind us why so ma...

Economy
BRIAN GAYNOR: Aluminium smelter reaches use by date
Brian Gaynor | Sat, 11 Jul 2020

The negative market reaction to Rio Tinto’s announcement that it was winding down the Tiwai Point aluminium smelter was overdone, particularly for investors with long-term perspectives. The smelter...

The role of private equity in the wake of COVID-19

As local covid-19 restrictions ease, a new business cycle is beginning in New Zealand.

Sponsored: What’s next for the future of the office?

Think everyone is going to keep working from home? No so fast, says Milford Asset Management.