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
Announcements
| Title | Date | Type |
|---|---|---|
| Synlait Ongoing Disclosure Notice | Thu, Apr 07 2022 05:00 pm | SHINTR |
| Synlait Publishes Half Year Result | Fri, Apr 01 2022 08:30 am | HALFYR |
| Synlait increases forecast milk price to $9.60/kgMS | Thu, Mar 24 2022 08:30 am | GENERAL |
| Synlait HY22 results date and conference call details | Wed, Feb 16 2022 08:30 am | GENERAL |
| Change in Director Appointed by Bright Dairy | Tue, Feb 08 2022 03:15 pm | ADMIN |
| Synlait increases forecast milk price to $9.25/kgMS | Fri, Jan 28 2022 08:30 am | GENERAL |
| Director, Strategy & Business Transformation Resigns | Tue, Jan 25 2022 09:43 am | ADMIN |
| New Board and CEO appointments effective today | Mon, Jan 24 2022 08:30 am | ADMIN |
| Partnership to enhance soil health; test regen ag practices | Mon, Dec 06 2021 08:30 am | GENERAL |
| Synlait Annual Meeting Poll Results | Wed, Dec 01 2021 03:16 pm | MEETING |
Directors and Executives
Min Chen
Director
Sam Knowles
Independent Director
Paul McGilvary
Independent Director
Dr Gui Min
Director
John Penno
Chair
Ruth Richardson
Director
Simon Robertson
Independent Director
Rob Stowell
Chief Financial Officer
Grant Watson
Chief Executive Officer
Sihang Yang
Director
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:
01/12/2021
Major Holdings Announcements
| Date | Name | No. Held | % | Current |
|---|---|---|---|---|
| 22/03/21 | FIL Limited and entities | 17,032,277 | 6.72 | 7.79 |
| 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 | 79.0 | 60.6 | 37.4 | .0 | 1,439.7 | 74.2 | 169.9 |
| high | 102.0 | 60.6 | 56.9 | .0 | 1,439.7 | 74.2 | 208.1 |
| low | 55.9 | 60.6 | 17.8 | .0 | 1,439.7 | 74.2 | 131.7 |
| sample | 2 | 1 | 2 | 1 | 1 | 1 | 2 |
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: 12/04/2022