A2 Milk lifts guidance for full-year sales, earnings as trading exceeds targets
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...
Login to read
Try us for 10 days free
Each day we publish 10 to 20 originally-reported news stories on New Zealand business and the political economy.
You also get:
- Instant alerts based on any keywords you choose.
- A custom library of your saved stories.
- An industry-leading search engine
After your trial subscriptions cost $24 a month or $249 a year.
If you don’t like our news service, we make it easy to quit with our one-button cancel.
Find out more