A2 result unlikely to be flash, focus will be on outlook

Rising costs and ongoing covid-19 issues likely to weigh. (Image: Getty)

Thu, 17 Feb 2022

Dismal results have been the name of the game for A2 Milk in recent times and next week's first-half report is unlikely to surprise on the upside, shifting attention firmly onto the outlook. The infant formula maker – once a market darling – has seen its revenue and net profit tumble in the past 18 months as covid-19 took the wind out of its sails.The shares last traded at $5.69, down from just over $21 in August 2020, prior to a raft of downgrades.The company has not given any formal guidance other than to say first-half r...

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