A2 Milk says nine-month revenue up 42%, reiterates guidance

Rebecca Howard
Tue, 30 Apr 2019

By Rebecca Howard May 1 (BusinessDesk) - A2 Milk Co said group revenue accelerated a little in its third quarter, with sales for the nine months through March 31 being up 42 percent. However, it said second-half sales should be broadly in line with the first as it pumps money into marketing and building organisational capacity. Group revenue was $938 million, reflecting continued sales growth in nutritional products and liquid milk, it said in an investor presentation published on the NZX. In New Zealand and Australia, its mark...

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A2 Milk says nine-month revenue up 42%, reiterates guidance

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