Caution after Synlait Milk’s latest update

Synlait is due to report its full-year result to July 31 on Sept 29. (Image: Synlait)

Fri, 01 Aug 2025

Analysts remain cautious after Synlait Milk’s latest update to the market.On Wednesday the infant formula maker said as well as the headwinds signalled at half-year it had faced “challenges” at its flagship plant at Dunsandel.It forecast a reported net loss after tax of $27 million to $40m for the year to July 31 versus a loss of $182.1m in the prior year and said it was targeting a closing net debt balance of $300m.It had previously indicated it was targeting net debt of between $250m and $300m.The shares fell as much as 11%...

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