Synlait confident on guidance but not expecting much from A2 Milk

Synlait confident on guidance but not expecting much from A2 Milk
Synlait is still expecting robust profitability this financial year. (Image: Supplied)
Rebecca Howard
Synlait Milk is confident it can generate "robust" profit over the coming years but anticipates A2 Milk's orders for infant formula will only edge up at best.“We do expect to see some recovery in our key customer, the A2 business, but their purchase of Mataura Valley Milk and with the market changing significantly in recent years, we’re not expecting large increases in their production,” said chief executive John Penno at the company’s annual general meeting. “Rather, we’re putting our effo...

More Primary Sector

Port of Tauranga ‘reluctantly’ doubles MetroPort rail fees
Primary Sector

Port of Tauranga ‘reluctantly’ doubles MetroPort rail fees

The port says it's working with KiwiRail on 'long-term arrangements'. 

Oliver Lewis 04 Jul 2025
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.

Riley Kennedy 03 Jul 2025