10th April 2024 A2 Milk / AgriZeroNZA2 Milk is one of three new partners throwing their weight – and dollars – behind AgriZeroNZ, the public-private joint venture investment vehicle aiming to reduce farm emissions.
20th February 2024 A2 MilkA2 Milk’s share price has cooled by almost 5% in trading today after leaping 12% following the release of solid interim results.
19th February 2024 A2 Milk / MatauraA2 Milk defied a double-digit slowdown in its key market of China to post improved interim earnings and revenue and a 15.6% jump in first-half profit.
15th January 2024 A2 Milk / SynlaitEndebted dairy company Synlait’s dispute with A2 Milk has ramped up, with the key stakeholder and customer now also questioning a raft of other matters including pricing.
16th November 2023 A2 MilkA2 Milk is expecting its earnings to stay on track for 2024 and would still reach its sales target of $2bn by 2026, despite deterioration in the Chinese market, according to managing director David Bortolussi.
17th October 2023 A2 Milk / SynlaitThe dairy companies have failed to resolve their dispute over A2’s right to cancel Synlait’s exclusive supply arrangements.
19th September 2023 A2 Milk / SynlaitSynlait Milk shares are hovering around $1.19 in trading today, after falling more than 9% to $1.16 at market close yeseterday.
18th September 2023 A2 Milk / SynlaitSynlait Milk is disputing that its major customer, A2 Milk, has the right to cancel its exclusive arrangement after said notice was given on Friday.
21st August 2023 A2 MilkThe dairy company delivers a 27% jump in net profit but warns that challenging conditions in its largest market will continue into 2024.
6th June 2023 A2 Milk / SynlaitSynlait has won approval to re-register A2 Milk’s Chinese labelled infant formula product.
9th May 2023 A2 Milk / PeopleA2 Milk’s US boss is leaving the company, and being replaced by current executive general manager ANZ, Kevin Bush.
26th April 2023 A2 Milk / SynlaitAfter a two-day trading halt, the dairy company says at worst it could end up $5m in the red after further reduced demand from “one of its customers”.
26th April 2023 A2 Milk / SynlaitA2 Milk says it is “surprised at the extent of the reduction in Synlait’s guidance range,” and gives its own update on its full year outlook.
20th February 2023 A2 MilkThe dairy processor navigates a “very challenging market” to deliver double-digit interim earnings and revenue growth.
17th February 2023 A2 Milk / SynlaitSynlait is moving to one of the last steps in its Chinese infant formula re-registration.
21st November 2022 A2 MilkA2 Milk presented a slightly improved outlook to shareholders for its 2023 annual results, albeit currency volatility could still come into play.
10th November 2022 A2 MilkA2 Milk has appointed the former chief executive officer of dairy company Yashili, Chopin Zhang, to the new executive leadership team role of chief supply chain officer.
9th November 2022 A2 MilkA2 Milk has started its on-market share buyback across the New Zealand and Australian stock exchanges targeting 5% of its stock.
4th November 2022 A2 Milk / SynlaitSynlait says it will manufacture A2 Milk infant formula products bound for the US market after temporary approval to supply was granted by the FDA.
4th November 2022 A2 MilkA2 Milk Company shares jumped from $5.75 on Thursday morning to $6 today after it received temporary approval to sell its infant milk formula products in the United States.
26th October 2022 A2 Milk / PeopleA2 Milk is recruiting to fill a newly created role executive leadership team role of chief supply chain officer following the resignation after ten years of its current chief operations officer, Shareef Khan.
20th October 2022 A2 MilkA2 Milk says it is reviewing the company’s remuneration practices to align its Australia and New Zealand executive packages and shareholders’ interests and expectations.
3rd October 2022 A2 MilkThe A2 Milk Company has renewed its exclusive import and distribution arrangements with China State Farm Agribusiness Holding Shanghai (CSFA) for a term of five years from 1 October 2022.
12th September 2022 A2 Milk / SynlaitSynlait has received regulatory sign-off to continue to sell its major client A2 Milk’s infant milk formula in China.
29th August 2022 A2 Milk“We are pleased with the progress that has been made in stabilising the business, refreshing our strategy and improving our execution,” says MD David Bortolussi.
10th August 2022 A2 Milk / IMFThe dairy company’s share price drops 10% after the FDA defers applications to import infant milk formula into the US.
3rd August 2022 A2 Milk / ExportsTrading resumes in A2 Milk shares after the company says it is still awaiting a decision from the FDA clearing the way for its infant milk powder to go the US.
18th May 2022 A2 Milk / LegalThe dairy company is now facing a class action in the NZ High Court, which relates to earning disclosures in the same period as Australian claims.
17th May 2022 A2 Milk / PeopleThe dairy company taps a former colleague of boss David Bortolussi to become its new finance lead.
22nd February 2022 A2 Milk / ProductIts Australian market share grows, but a wobbly US performance continues, and in-roads are made in China.
21st February 2022 A2 MilkThe company says the results are inline with expectations and that it has made progress on its turnaround initiatives.
25th November 2021 A2 MilkThe A2 Milk Company says it will defend a second class action filed in the Supreme Court of Victoria in Australia, this time by Shine Lawyers.
17th November 2021 A2 MilkThe company has unveiled its new strategy to return it to the high-growth business it was pre-Covid.
27th October 2021 A2 MilkDairy company A2 Milk has set a target of $2bn revenue within five years by “capturing its full potential” in the China infant formula market and ramping up innovation.
22nd October 2021 A2 Milk / LegalThe A2 Milk Company says it is aware of reports about a potential class action led by Australia’s Shine Lawyers but has no knowledge of any further legal proceedings.
6th October 2021 A2 Milk / LegalA2 “considers that it complied with disclosures notifications at all time,” following a class claim filing in Australia alleging misleading or deceptive conduct.
7th September 2021 A2 Milk / SynlaitA quarterly review of all shares in the ASX to recalibrate the S&P Dow Jones Indices has seen New Zealand dairy companies A2 Milk and Synlait earmarked for removal from separate lists.
26th August 2021 A2 MilkThe prolonged impact of Covid-19 and a rapidly changing China market has prompted the company to launch a growth strategy review.
16th August 2021 A2 Milk / NestléSuitors are reported to be weighing options around A2, but any potential offer would only be made after the milk company’s annual results next week.
26th July 2021 A2 Milk / PeopleThe A2 Milk Company has filled another role in its leadership team appointing a new chief people and culture officer following the departure of Lisa Burquest in January.
12th July 2021 A2 Milk / PeopleIts Asia Pacific division will be split three ways in an effort to revive growth.
6th July 2021 A2 MilkA2 Milk says the Overseas Investment Office has signed off its proposed $268.5m purchase of a 75% interest in Southland dairy nutrition business Mataura Valley Milk.
2nd July 2021 A2 Milk / PeopleThe A2 Milk Company has appointed an infant nutrition marketing specialist from European food giant Danone as its new chief marketing officer.
1st June 2021 A2 MilkA2 said it believes it has complied with all disclosure obligations.
11th May 2021 A2 MilkThe former darling of the NZX was forced to slash its revenue forecasts and write down the value of its assets.
13th April 2021 A2 Milk / SynlaitThe dairy companies saw share prices slip following news that Synlait’s boss is leaving.
1st March 2021 A2 MilkThe company suffered a 35% drop in interim profit in what it described as a “challenging” first half year.
17th December 2020 A2 MilkSubscribe now to enjoy unlimited access to Food Ticker, New Zealand’s new food and beverage industry trade daily. Thank you for visiting Food Ticker. Click here for our subscription packages. We MORE »
19th November 2020 A2 MilkThe dairy company says it expects an uptick in activity in the second half of FY21 despite continuing uncertainty.
