A2 Milk shares rise 5 percent on latest numbers, potential dividend mooted

Tue, 22 Nov 2016

By Sophie Boot Nov. 22 (BusinessDesk) - A2 Milk Co shares rose almost 5 percent after the company updated shareholders at its annual meeting in Sydney, with the chief executive saying the board wanted to be clear about its performance. In the four months to October, revenue was at $155.2 million, compared to $79.3 million in the same period of the 2016 financial year, which A2 said reflected continued growth in infant formula and milk products in its presentation posted to the NZX. Earlier this month, the Auckland-based, Sydney-headqua...

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