Shred Smart, Slice Sharp: The simple strategy behind Dairyworks

The Dairyworks site in Christchurch. (Image: Synlait)

Wed, 02 Apr 2025

Most of Dairyworks’ growth in the coming years will come from Australia and Southeast Asia, its chief executive says.The largely retail cheese-focused business continues to be a standout performer in the overall Synlait Milk group, with its gross profit increasing $2.2 million, or 13%, to $18.7m in the first half of the financial year.That followed a record year in 2024 for the business, pulling off a record earnings before interest, tax, depreciation and amortisation (ebitda) result of $22.8m and gross profit of $34.1m, compared to $26.1...

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