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Displaying items by tag: Graeme Milne
Synlait Milk’s annual meeting of shareholders yesterday highlighted that their record 2016 profit of $34.4 million showed their value added strategy is successful.
Synlait has successfully completed its pro rata entitlement offer announced on September 19, raising $98 million of new equity.
Synlait has had its strongest year yet, tripling after-tax profit to $34.4 million for the year to July 31.
Infant formula and nutritionals will dominate Canterbury milk processor Synlait's sales over the next seven months.