A2 revenue leaps, still on the prowl for manufacturing capacity

Wed, 19 Aug 2020

A2 Milk, which saw a 33 percent jump in full-year revenue, continues to expect more growth this year and is cashed up and ready to snap-up manufacturing capacity and invest in mergers and acquisitions.The company said total revenue was $1.73 billion in the year to June 30 and “overall for FY21, we anticipate continued strong revenue growth supported by our continued investment in marketing and organisational capacity.” Net profit was $385.8 million, up 34 percent on the year. The full-year earnings before interest, taxes, depre...

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