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
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
Synlait appoints seasoned dairy executive as new CEO Mon, Mar 03 2025 08:30 am ADMIN
Synlait HY25 results date and conference call details Mon, Feb 10 2025 08:30 am GENERAL
Return to profitability with HY25 guidance provided Fri, Jan 24 2025 08:30 am MKTUPDTE
Notification of Lapse of Performance Share Rights Fri, Jan 24 2025 08:30 am SECISSUE
Synlait Milk Limited (“SML”) – removal of NS designation Mon, Dec 23 2024 04:24 pm MEMO
Synlait increases forecast milk price to $10.00/kgMS Fri, Dec 13 2024 08:30 am GENERAL
Notification of Lapse of Performance Share Rights Wed, Dec 11 2024 08:30 am SECISSUE

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

10 NZ firms could get slice of $200m Fisher KiwiSaver cash
Markets

10 NZ firms could get slice of $200m Fisher KiwiSaver cash

Private equity investing will benefit both KiwiSavers and business, fund manager says.

Markets Market Close

Property companies help boost NZ sharemarket

Ryman Healthcare, Argosy Property and Goodman all saw share-price rises.

Tom Raynel 05 Jun 2025
Property companies help boost NZ sharemarket
Markets

Genesis takes another step in increasing NZ's battery capacity

Grid-scale batteries add to the mix, but questions remain over economic viability.

Ian Llewellyn 05 Jun 2025
Genesis takes another step in increasing NZ's battery capacity