What would you make of a company’s prospects if it issued an outlook statement saying ‘a broad range of sales outcomes is possible’? Theoretically, it is true. Look far ahead, and a range of outcomes is possible. But you expect businesses to have a clearer vision that narrows the range of these outcomes. Not so […]
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A2 Milk — ‘a broad range of sales outcomes is possible’
A2 Milk down 12% on FY23 results
Dairy nutrition company A2 Milk [ASX:A2M] is down 12% in early trade on Monday after reporting full-year results in line with guidance. Revenue up 10.1% to $1.6 billion EBITDA up 11.8% to $219.3 million Net profit after tax up 26.9% to $155.6 million Net cash down 7.3% to $757.2 million While FY23 results were in line with […]
ASX News LIVE | XJO Down as Breville, Adairs, Chorus, NIB, A2 Milk, Ampol Report
ASX opens lower on busy reporting day as Breville, Adairs, Chorus, NIB, A2 Milk, Ampol all feature.
Synlait [ASX:SM1] and A2 [ASX:A2M] Baby Formula Products Officially Approved by New Chinese Standard
Synlait and The a2 Milk Company received approval from Chinese authorities for the re-registration of their Chinese label of infant milk formula which is now to be manufactured in line with the country’s regulations, removing any pre-existing anxiety over the issue.