a2 Milk Company

The A2 Milk Company was founded in New Zealand based on a research discovery that different milk proteins affect people in a different way. The company now owns and licenses intellectual property enabling dairy farms to identify cattle suitable for the production of A2 milk.  

Popular branded A2 milk products such as liquid milk and infant formula are sold in NZ, Australia, USA, UK and China. The company has a track record of investing heavily in marketing and R&D to further brand position.

A2 Milk is dual listed and one of the largest companies on the NZX, with a market capitalisation of more than $10 billion in 2020. David Bortolussi was recently appointed CEO and will begin leading the company in early 2021.


Company Details

Registered Office: Level 10, 51 Shortland Street, Auckland 1010, New Zealand
Postal Address: PO Box 163, Shortland Street, Auckland 1010
Telephone: +64 9 977 5154
Facsimile: n/a
Website: www.thea2milkcompany.com
First Listed: 20/04/2004
Balance Date: 30 June
AGM: 18/11/2022

Directors and Executives

David Bortolussi
Chief Executive Officer and Managing Director
Warwick Every-Burns Independent Non-Executive Director
Pip Greenwood
Independent Non-Executive Director
David Hearn
Independent Non-Executive Director
Julia Hoare
Deputy Chairman
Jaron McVicar
Company Secretary
Kate Mitchell
Independent Non-Executive Director
Mark Sherwin
Chief Financial Officer
David Wang
Independent Non-Executive Director
Sandra Yu
Independent Non-Executive Director

Announcements

Title Date Type
Disclosure of relevant interests Wed, Nov 29 2023 02:28 pm SHINTR
ASX Final Director's Interest Notice Thu, Nov 23 2023 03:09 pm SHINTR
Correction - Results of 2023 Annual Meeting Thu, Nov 16 2023 03:25 pm MEETING
Results of The a2 Milk Company Limited 2023 Annual Meeting Thu, Nov 16 2023 03:05 pm MEETING
2023 Annual Meeting Thu, Nov 16 2023 08:30 am MEETING
Capital Change Notice Wed, Nov 01 2023 02:37 pm SECISSUE
Notice of conversion Fri, Oct 20 2023 03:27 pm SECISSUE
Waiver from NZX Listing Rule 7.8.5(b) Wed, Oct 18 2023 09:01 am WAV/RULE
Notice of Meeting and update to remuneration practices Wed, Oct 18 2023 08:30 am MEETING
Cancellation of Synlait’s exclusive supply rights Tue, Oct 17 2023 08:30 am MKTUPDTE

Major Holdings Announcements

Date Name No. Held % Current
29/11/22 The Goldman Sachs Group, Inc. 38,857,882 5.08 5.23
07/06/22 BlackRock Inc. and related bodies c 37,092,941 - 4.99
19/05/22 BlackRock Inc 37,398,996 4.97 5.03
30/03/22 The Goldman Sachs Group, Inc. on be 35,207,250 5.54 4.73
03/02/22 UBS Group AG and its related bodies 37,106,399 6.35 4.99
07/12/21 UBS AG and its related bodies corpo 45,225,162 7.40 6.08
01/12/21 Perpetual Limited 45,389,774 4.61 6.10
01/12/21 Macquarie Group Limited 35,650,226 5.11 4.79
11/11/21 The Vanguard Group, Inc. 34,388,632 5.00 4.62
19/10/21 Mitsubishi UFJ Financial Group, Inc 35,833,781 5.36 4.82
14/10/21 The Goldman Sachs Group, Inc. (“GSG 45,062,198 4.90 6.06
28/09/21 Perpetual Limited and subsidiaries 37,687,348 - 5.07
02/08/21 Commonwealth Bank of Australia 37,038,921 5.02 4.98
08/06/21 Morgan Stanley and its Subsidiaries 33,300,187 5.12 4.48
20/04/21 Pendal Group Limited 37,145,476 5.17 5.00
22/11/19 Mitsubishi UFJ Financial Group, Inc 74,990,656 9.19 10.20
31/10/17 Colonial First State Asset Manageme 39,108,953 6.38 5.35
28/09/17 Challenger Limited 36,372,739 5.51 4.98
28/08/17 Greencape Capital Pty Limited 35,548,215 6.04 4.87
20/06/17 Harbour Asset Management Limited 35,487,445 5.08 4.88
30/05/17 Westpac Banking Corporation 14,346,867 6.00 2.00
09/02/17 Colonial First State Investment Man 46,289,905 5.06 6.38

Director’s Interests Announcements

Date Name No. Held % Details Other
07/06/23 Kathryn Mitchell 1,000 - - -
03/02/23 David Landt Bortolussi 311,283 - - -
06/12/22 Philippa Greenwood 30,000 - - -
24/05/22 Mark Sherwin 16,800 - - -
01/09/21 Race Strauss 15,101 - - -
15/03/21 Jaron McVicar 40,300 - - -
27/08/20 Geoffrey Howard Babidg 300,000 - - -
27/08/20 David Hearn 1,055,000 - - -
27/08/20 Shareef Yaseen Khan 400,000 - - -
26/11/19 Craig Louttit 100,000 - - -
26/11/19 Carla Jayne Hrdlicka 95,338 - - -
28/02/19 Peter Bruce Hinton 300,000 - - -
23/06/17 Jesse Wu 27,000 - - -
17/05/17 Richard Oram Le Grice 15,000 - - -
31/08/16 Peter Jerrold Nathan 400,353 0.06 - -
29/08/16 Warwick Every-Burns 100,000 0.01 - -

Analysts’ Forecasts

profit2021 profit2022 eps2021 dps2021 sales2021 ebit2021 ebitda2021
mean 149.0 20.6 .0 1,597.0 196.8 216.6
high 149.0 20.6 .0 1,597.0 196.8 216.6
low 149.0 20.6 .0 1,597.0 196.8 216.6
sample 1 0 1 1 1 1 1

Disclaimer

Data on this page is from BusinessDesk and NZX Ltd for information purposes only. Details are believed to be accurate but no warranty is given as to accuracy, timeliness, reliability or completeness. No person should rely on the contents of the report and all persons should obtain independent professional advice before acting on any information connected with or contained in this report.
Last Updated: 20/03/2023


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