What's going on with A2 Milk?

Fri, 18 Dec 2020

Synlait Milk will remain under pressure ahead of an update from A2 Milk, currently on a trading halt. The milk supplier got knocked back more than 7 percent yesterday after A2 Milk said it was aware of information that “may require us to release an announcement to revise our previously issued guidance to the market”. In late September, A2 Milk said it was seeing more disruption than anticipated in its daigou – or grey market – channel. As a result, it said sales in its Australia-NZ businesses would see muc...

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