Synlait Milk
FollowSynlait Milk Archives
Synlait Milk names Leon Fung as its new CEO
Appointed acting CEO on May 14, Fung has been a member of the company's board since June 2024.
Synlait Milk CEO Richard Wyeth resigns after 11 months
He will remain with the company until June 30 to assist in the transition.
Synlait Milk expects half-year loss amid manufacturing challenges
The company said it continued to face cost and operational impacts related to the manufacturing challenges in Dunsandel.
Synlait Milk divests North Island assets amid narrowing losses
The company plans to refocus on its core operations in Canterbury following the divestment.
Synlait Milk returns to profitability as sales soar
Management attributed the improvements to higher advanced nutrition demand, optimised operations, and cost management.
Synlait Milk names Richard Wyeth as new CEO
Tim Carter will remain as acting CEO of Synlait Milk until Wyeth assumes his new position.
Synlait Milk CEO Grant Watson resigns
The company has appointed Dairyworks CEO Tim Carter as acting CEO.
Synlait Milk’s net loss widens despite higher revenue
The loss included a NZ$114.6 million non-cash impairment charge against the company's long-term assets.
Synlait to streamline NZ manufacturing processes
Synlait found that it is not financially viable to keep processing milk at Pokeno.
A2, Synlait Milk conditionally resolve exclusivity, pricing disputes
The settlement is conditional on Synlait completing its equity raise and the refinancing of its existing banking facilit...
Synlait Milk cuts earnings forecast, cites uncertainty
Its board continues to progress its plans for a proposed equity capital raising and bank refinancing.
Synlait Milk names George Adams as chair
Synlait Milk co-founder and board appointed director John Penno has decided to step down from his role.
Synlait Milk, Nestle collaborate on reducing dairy emissions
The seven-year partnership will focus on pragmatic on-farm solutions to improve efficiency.
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 ...
