A2 raises annual sales guidance on new production, boosts Chinese marketing spend

Paul McBeth
Thu, 15 Jun 2017

By Paul McBeth June 16 (BusinessDesk) - A2 Milk Co lifted annual sales guidance for the second time in as many months as it beefed up production to meet sweltering Chinese demand for infant formula.  The Auckland-based, Sydney-headquartered milk marketer said revenue is expected to be $545 million in the 12 months ending June 30, a $20 million increase from its April update which was itself an upgrade. A2 reported annual revenue of $352.8 million in 2016.  In the April update, a2 said it was working with Synlait Milk to increase supply...
Primary Sector
$25m for Milford tunnel as Southland gets pre-election funding
Brent Melville | Thu, 16 Jul 2020

The Homer Tunnel, a transport lifeline into and out of Milford Sound, Fiordland, will receive a $25 million upgrade as part of a swathe of pre-election government investment into Southland that also i...

Economy
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Retail
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