A2 lifts annual profit 52%, plans $150m share buy back

A2 lifts annual profit 52%, plans $150m share buy back
A2 Milk said its China label formula sales were up 12.2% and its English label sales up 11.6%. (Image: Getty)
Jenny Ruth
A2 Milk lifted annual net profit 52% despite “challenging” market conditions and said it would buy back up to $150 million of its own shares.The infant formula company said net profit attributable to shareholders for the year ended June 30 rose to $122.6m from $80.7m the previous year.The result was struck on a 19.8% rise in annual revenue to $1.45 billion with the company saying its China label sales were up 12.2% and it's English label sales up 11.6%.Its liquid milk sales in Australia and New Zealand were up 1.8% while US sale...

More Primary Sector

BX Foods settles director disputes, posts $7.9m loss
Primary Sector

BX Foods settles director disputes, posts $7.9m loss

The Chinese-owned food company removed three executives, alleging fiduciary breaches.

Fonterra’s NZ milk collections hit five-year high
Primary Sector

Fonterra’s NZ milk collections hit five-year high

The increased production comes as forecast milk prices point to record levels.

Riley Kennedy 02 Jul 2025