Analysts still cautious on A2 Milk

Analysts still cautious on A2 Milk
The outlook is positive but uncertainty is high. (Image: Supplied)
Rebecca Howard
A2 Milk’s result may have been better than expected but analysts aren’t leaping to upgrade their ratings.  Earlier this week, A2 Milk said revenue for the six months to Dec 31 was $660.5 million, in line with its guidance and better than many had expected. Importantly, however, its revenue outlook for the six months to June 30 – and the full year – improved, but chief executive David Bortolussi said it wouldn’t lead to a material increase in profit as it was ramping up its marketing spend. The cost o...

More Primary Sector

Zespri on track for 'moderate increase' in volume next year
Primary Sector

Zespri on track for 'moderate increase' in volume next year

Zespri's producer vote to expand global supply passed this week.

Riley Kennedy 12 Dec 2024
Yashili NZ revenue dropped 42%
Primary Sector

Yashili NZ revenue dropped 42%

The Chinese-owned dairy processor’s accounts were due in May.

Riley Kennedy 12 Dec 2024
Zespri growers vote in favour of expanding global supply
Primary Sector

Zespri growers vote in favour of expanding global supply

Zespri’s growers have voted to support the expansion of the kiwifruit marketer’s global supply.A total of 90.6% of voting growers and 93.3% by fruit weight voted in favour of the resolution, which will allocate up to 420 hectares of SunGold fruit per year over six years in Italy,...

Riley Kennedy 11 Dec 2024