Primary Sector

A2's plea to shareholders: we told you everything

Rebecca Howard
Wed, 17 Nov 2021

A2's plea to shareholders: we told you everything

Chair David Hearn wanted to reassure shareholders at the milk company's AGM. (Image: supplied).

Rebecca Howard
Wed, 17 Nov 2021

A2 Milk defended its communication with shareholders and said all its updates to the market were “based on the best information we had at the time”.“Some shareholders have raised with us a view that we should have kept the market better informed during FY21,” chair David Hearn told the annual general meeting.A2 Milk posted four earnings downgrades over a nine-month period as the company battled the impact of covid-19 on its business, in particular the massive disruption to the diagou, or reseller, channel. “We...

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A2's plea to shareholders: we told you everything

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