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A2 MIlk

A2 MIlk Archives

A2 Milk’s net profit rises amid sales growth in China

The company's revenue grew 16.5 per cent in China and other Asian markets but fell 24.1 per cent in ANZ.

A2 Milk and Synlait head to arbitration over cancelled rights

The two companies entered into a 20-business day period of good faith negotiations but could not reach a resolution.

A2 Milk reports $1.6 bn in sales despite soft performance in China

MD and CEO David Bortolussi described the results as a “remarkable achievement” despite a 14 per cent decline in the cor...

A2 Milk shakes up its leadership team across the US, ANZ

The changes are aimed at accelerating the path to profitability for the company's US and Mataura Valley Milk businesses ...

‘Standout’ China range powers increase in A2 Milk sales, profits

MD and CEO David Bortolussi said the business’ refreshed growth strategy drove success in the face of significant market...
A2 Milk gets temporary FDA approval to export infant milk to the US

A2 Milk gets temporary FDA approval to export infant milk to the US

A2 Milk is now allowed to import, sell, and distribute its A2 Platinum infant formula products, Stage 1 and 2, and Stage...

A2 Milk reports double-digit growth, increases investment in China

Tax paid profit rose 42.3 per cent to $114.7 million with $122.6 million attributable to company owners.

A2 Milk shares fall as US FDA puts hold on new infant formula approvals

A2 Milk Company says the US Food and Drug Administration has deferred the dairy producer’s request to import infan...

A2 Milk profit halves on China slowdown but sees sales pick-up

The firm reported first-half net profit after tax of NZ$56.1 million ($37.54 million), down from NZ$120 million a year a...

A2 Milk faces lawsuit over allegations of providing misleading forecasts

A2 Milk Co Ltd said on Wednesday Australian law firm Slater and Gordon has filed a class action lawsuit against the dair...

A2 milk taking controlling stake in Mataura Valley Milk

A2 Milk’s NZ$270 million bid has been given the green light by the country’s Overseas Investment Office.

A2 Milk Company names new CEO

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...

COVID-19 stockpiling drives a2 Milk sales

The dairy giant has reported strong revenue growth across all key regions and has upgraded its full year outlook followi...

A2 Milk increases investment in Synlait Milk following decline in share price

Acting CEO Geoffrey Babidge said the company viewed the drop in share price as an opportunity to complete its strategic ...

This week in FMCG

This week's top stories in the FMCG sector.

A2 Milk extends supply deal with Synlait, lifts outlook

NZ dairy producer expects strong revenue growth in 2020.

a2 Milk CFO steps down

Craig Louttit will remain with a2 Milk in a deputy position.

A2 Milk profit soars 47 per cent

The dairy company recorded revenue of NZ$1.3 billion for the full year due to success of formula products.

JD strengthens partnership with a2 Milk

The a2 Milk Company receives welcome boost in wake of China's plans to increase local formula output and reduce reliance...

ANZ formula companies reeling in wake of China’s production plans

China unveiled a plan to boost its local formula output and reduce reliance on imports.