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Tuesday 22 September 2026

Synlait

Synlait signals H2 turnaround but remains in the red 28th August 2026

Synlait signals H2 turnaround but remains in the red

Troubled dairy processor Synlait Milk is heading for a full-year net loss of $70m–$75m, signalling a second-half improvement on the $80.6m red ink it posted in the first six months.


…with no comment on Fonterra-backed Synlait takeover 17th August 2026 /

…with no comment on Fonterra-backed Synlait takeover

A2 Milk released its result this morning without any reference to reports that it has teamed up with fellow dairy player Fonterra to run the rule over a purchase of under-pressure Synlait.


Synlait strategic project lead resigns 17th August 2026 /

Synlait strategic project lead resigns

Synlait’s director of strategic projects, Glenn Laing, has resigned from his position, having joined Synlait as head of assets and engineering in 2021.


Synlait meets refi, shareholder loan deadline 30th June 2026 /

Synlait meets refi, shareholder loan deadline

Dairy processor Synlait Milk has hit its critical 30 June deadline, finalising documentation for a new $320m bank refinancing package and securing a formal $130m replacement shareholder loan from Bright Dairy.


Synlait starts year in the red, refi advances 8th June 2026

Synlait starts year in the red, refi advances

Dairy processor Synlait has dropped a fresh trading update revealing a $12m net loss for the start of the year, alongside a crucial breakthrough in its ongoing balance sheet rescue mission.


New Synlait director appointed 19th May 2026 /

New Synlait director appointed

Consulting chief financial officer Katherine Turner has been appointed as an independent director of Synlait Milk.


Wyeth in surprise exit from Synlait 14th May 2026

Wyeth in surprise exit from Synlait

Turmoil continues at the dairy company with the shock resignation of its CEO, who exits the Dunsandel-based processor after just 12 months in the top job.


Synlait director resigns 12th May 2026 /

Synlait director resigns

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Synlait secures two waivers amid headwinds 5th May 2026

Synlait secures two waivers amid headwinds

Synlait Milk has received two waivers in relation to its syndicated bank facilities.


A2 Milk in US product recall 4th May 2026 /

A2 Milk in US product recall

A2 Milk is engaging in a voluntary recall of some of its US infant milk formula manufactured by Synlait following the detection of the bacteria, cereulide.


Synlait confirms another ELT resignation… 30th April 2026 /

Synlait confirms another ELT resignation…

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…and contextualises its part in Bright Dairy profit drop 30th April 2026 /

…and contextualises its part in Bright Dairy profit drop

Synlait Milk has moved to clarify shareholder Bright Dairy’s claim that Synlait’s losses were the primary driver behind its significant year-on-year profit slump.