Takeover bid?
OPINION: Canterbury milk processor Synlait is showing no sign of bouncing back from its financial doldrums.
Canterbury milk processor Synlait's recovery has hit a roadblock with a major profit downgrade and signs of a strained relationship with a key customer and stakeholder.
Despite a big drop in its half year profit Synlait Milk says there are a number of bright spots as reduced demand sees it extend out its recovery from two to three years.
OPINION: The Government isn’t the only one consigning sustainability-led initiatives to the rubbish bin.
Canterbury milk processor Synlait says it is continuing on its road to recovery, announcing a refreshed strategy and a revamped leadership team structure.
Synlait's new chief executive Grant Watson says dairy commodity prices have strengthened significantly as strong global demand hs outrun restricted supply.
Canterbury milk processor Synlait says its farmer suppliers will get a record base milk price of $9.25/kgMS this season.
Canterbury milk processor Synlait says it has recorded a significant improvement in its operation's greenhouse gas emissions.
OPINION: Canterbury milk processor Synlait is showing no sign of bouncing back from its financial doldrums.
OPINION: It seems every bugger in this country can get an award these days.