Subscribe Login

A2 Milk lifts guidance for full-year sales, earnings as trading exceeds targets

Jonathan Underhill
Tue, 14 Jun 2016

RELATED
By Jonathan Underhill June 15 (BusinessDesk) - A2 Milk raised its guidance for full-year sales and earnings, saying trading is exceeding its targets and the milk marketing company is well placed to cope with changes to regulations for infant formula in China. Revenue is forecast to be in a range of $350 million to $360 million in the year ending June 30, from a previous forecast of $335 million to $350 million. Operating earnings before interest, tax, depreciation and amortisation are projected to be $52 million to $54 million, up from th...

Use the information you’ve already given Google to create your subscription.

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Markets
MARKET CLOSE: Strong kiwi weighs down shares
Dan Brunskill | Fri, 18 Sep 2020

New Zealand’s benchmark stock index extended its losses, locking in a third consecutive weekly decline as the kiwi dollar continued to climb. The S&P/NZX 50 Index fell 143.61 points, or 1.2 percent, to 11,633.52. Within the index, 32 stocks fell, 13 rose and five were unchange...

Election 2020
Hipkins not budging on migrant workers
Brent Melville | Fri, 18 Sep 2020

A Labour-led government will continue to adopt a conservative approach to allowing migrant seasonal workers back through the borders.

Primary Sector
Fonterra boss sanguine on Australian legal action
Rebecca Howard | Fri, 18 Sep 2020

Fonterra chief executive Miles Hurrell is not concerned about pending legal action in Australia.

Sponsored
Canon Business: Premium solutions for Commercial Bay

Precinct Properties is the largest owner and developer of premium inner-city business space in Auckland and Wellington, its latest flagship success is the transformational Commercial Bay on Auckland's waterfront. Canon knew that for such a high-calibre client, only a premium bespoke purpose-built solution would suffice when it came to providing market-leading print, mail and courier services to over 10,000 tenants in the development.

Partner Content
Buy-Now-Pay-Later – what’s driving the industry?

The Buy-Now-Pay-Later segment has truly taken the world by storm. It is incredibly impressive to think two Aussies were responsible for what has been a massive shift in consumption habits globally. It is highly likely that most people have come across one of the many providers, but how does the business model actually work and what’s driving the industry?

© Content Ltd 2020.