Markets

A2 result unlikely to be flash, focus will be on outlook

Rebecca Howard
Thu, 17 Feb 2022

A2 result unlikely to be flash, focus will be on outlook
Rising costs and ongoing covid-19 issues likely to weigh. (Image: Getty)
Rebecca Howard
Thu, 17 Feb 2022
Dismal results have been the name of the game for A2 Milk in recent times and next week's first-half report is unlikely to surprise on the upside, shifting attention firmly onto the outlook. The infant formula maker – once a market darling – has seen its revenue and net profit tumble in the past 18 months as covid-19 took the wind out of its sails.The shares last traded at $5.69, down from just over $21 in August 2020, prior to a raft of downgrades.The company has not given any formal guidance other than to say first-half r...

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