Synlait

Synlait Milk is a dairy manufacturer who is focused on supplying higher value dairy products to milk-based health and nutrition companies. The company owns and operates the large Dunsandel manufacturing plant which processes more than 700 million litres of milk a year.

Synlait also owns consumer packing facilities capable of producing 64,000 tonnes of finished product a year.

The company employs 700 people and has been led by CEO, Leon Clement since 2018. Synlait is dual 


Company Details

Registered Office: 1028 Heslerton Road, Rakaia 7783, Private Bag 806, Ashburton 7740
Postal Address: 1028 Heslerton Road, Rakaia 7783, Private Bag 806, Ashburton 7740
Telephone: +64-3-373-3000
Facsimile: n/a
Website: www.synlait.com
First Listed: 23/07/2013
Balance Date: 31 July
AGM: 02/12/2022

Directors and Executives

Min Chen
Director
Paul McGilvary
Independent Director
Dr Gui Min
Director
John Penno
Director
Ruth Richardson
Director
Simon Robertson
Chair
Rob Stowell
Chief Financial Officer
Paul Washer
Director
Grant Watson
Chief Executive Officer
Sihang Yang
Director

Announcements

Title Date Type
Retirement of Director: Annual Meeting Director Nominations Mon, Sep 01 2025 08:30 am MEETING
Synlait FY25 results date and conference call details Thu, Aug 21 2025 08:30 am GENERAL
Synlait responds to media speculation Tue, Aug 19 2025 08:30 am GENERAL
Synlait provides performance update Wed, Jul 30 2025 08:30 am MKTUPDTE
SML – Waiver from NZX Listing Rule 5.1.1(b) Tue, Jul 29 2025 12:50 pm WAV/RULE
COO resignation Mon, Jul 07 2025 08:30 am ADMIN
Shareholder Loan Update Fri, Jun 13 2025 08:30 am GENERAL
Synlait forecasts strong milk price for 2025/26 Fri, Jun 06 2025 08:30 am GENERAL
Synlait confident future milk supply secured Thu, Apr 03 2025 08:30 am GENERAL
Synlait Publishes HY25 Result Mon, Mar 24 2025 08:30 am HALFYR

Major Holdings Announcements

Date Name No. Held % Current
01/12/22 FIL Limited and entities 10,918,989 5.03 5.00
23/03/20 The a2 Milk Company Limited, The a2 35,574,646 17.39 19.84
10/08/18 Mitsui & Co., Ltd 179,223 8.38 0.10
22/08/17 BT Investment Management Limited 8,950,000 5.66 4.99
30/05/17 Westpac Banking Corporation 199,822 6.77 0.11

Director’s Interests Announcements

Date Name No. Held % Details Other
07/12/20 Willem Roest 30,495 - - -
07/12/20 John Penno 5,109,803 - - -
07/12/20 Graeme Roderick Milne 82,556 - - -
07/12/20 Simon Robertson 13,324 - - -
14/10/19 N Greenwood 90,710 - - -
17/10/16 The Hon Ruth Richardson 56,222 0.03 - -
17/10/16 Sam Knowles 55,000 0.03 - -

Analysts’ Forecasts

profit2021 profit2022 eps2021 dps2021 sales2021 ebit2021 ebitda2021
mean -.1 .0 .0 1,562.2 39.0 96.4
high -.1 .0 .0 1,562.2 39.0 96.4
low -.1 .0 .0 1,562.2 39.0 96.4
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: 27/04/2023


Markets News

Why does NZ suck at building brands
Markets

Eden Bradfield: Why does NZ suck at building brands

Let the French have Fonterra brands, Eden Bradfield writes.

Eden Bradfield 06 Sep 2025
Markets Market Close

NZ sharemarket ends week up 2.2%

The S&P/NZX 50 Index closed at 13,223.53, up 90.32 points or 0.69%.

Graham Skellern 05 Sep 2025
NZ sharemarket ends week up 2.2%
Markets

Fletcher Building slashes maximum CEO pay

 Total maximum remuneration is now $2m lower at $5.8m.

Rebecca Howard 05 Sep 2025
Fletcher Building slashes maximum CEO pay
Economy

Westpac NZ eyes monetary policy reform for change-laden RBNZ

Westpac NZ puts monetary policy voting in the spotlight.

Staff reporters 05 Sep 2025
Westpac NZ eyes monetary policy reform for change-laden RBNZ
Primary Sector

Miraka’s rapid sale illustrates David/Goliath dairy battle

Open Country’s buyout cements its place as NZ’s clear No 2 dairy processor.

Riley Kennedy 05 Sep 2025
Miraka’s rapid sale illustrates David/Goliath dairy battle