A2 Milk says strong growth continued in first 4 months of FY19

Mon, 19 Nov 2018

By Rebecca Howard Nov. 20 (BusinessDesk) - A2 Milk Co said strong growth continued in the past four months and it remains sanguine on regulatory changes in China. Revenue in the four months through October rose to $368.4 million, up 40.5 percent on the same period a year ago, while earnings before interest, tax, depreciation and amortisation rose 58.5 percent to $124.2 million. Net profit was $86 million, up 64.5 percent, the company said in a trading update for its annual meeting in Melbourne. "We have had a great year and we are of...

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