Synlait says FY25 result to be a 'marked' improvement

Synlait says FY25 result to be a 'marked' improvement
Synlait has faced headwinds and manufacturing challenges over the past year. (Image: Synlait)
Rebecca Howard
Synlait Milk says its underlying net profit will break even for the full year to July 31, a “marked” improvement on a $60.4 million loss in the prior year.Underlying earnings before interest, taxes, depreciation, and amortisation (ebitda) is forecast to be $100m to $110m versus $45.2m in the prior year. However, as well as the headwinds signalled at half-year, Synlait has had manufacturing challenges at its Dunsandel facility across a range of product segments, resulting in one-off costs in FY25, it said.DunsandelThe manufactur...

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