A2 MIlk Archives - Inside FMCG
The A2 Milk Company has named David Bortolussi as its new MD and CEO. He will take up the role in Sydney early next year, succeeding Geoffrey Babidge.
The dairy giant has reported strong revenue growth across all key regions and has upgraded its full year outlook following a surge in sales.
Acting CEO Geoffrey Babidge said the company viewed the drop in share price as an opportunity to complete its strategic holding.
This week’s top stories in the FMCG sector.
NZ dairy producer expects strong revenue growth in 2020.
Craig Louttit will remain with a2 Milk in a deputy position.
The dairy company recorded revenue of NZ$1.3 billion for the full year due to success of formula products.
The a2 Milk Company receives welcome boost in wake of China’s plans to increase local formula output and reduce reliance on imports.
China unveiled a plan to boost its local formula output and reduce reliance on imports.
Longstanding director to pursue interests further afield.