Was Fonterra caught napping in Australia?
Displaying items by tag: Synlait
Canterbury milk processor Synlait has reduced its 2019-20 forecast base milk price by 20c to $7.05/kgMS.
Synlait’s $112 million bid for South Canterbury dairy processor Dairyworks has been given the green light by the Overseas Investment Office.
Despite a decline in half-year profit, Synlait is assuring shareholders it will regain shareholder value.
Independent milk processor Synlait says Covid-19 has so far had no impact on its financial performance, however the processor remains greatly concerned.
The coronavirus outbreak contributed to Synlait’s decision to issue a wider earnings guidance range.
Canterbury-based milk processor Synlait has downgraded its earnings expectation for the 2020 financial year.
Canterbury-based Synlait Milk has reaffirmed its policy of building no more coal-fired boilers, with the official opening of the country’s first large-scale electrode boiler at its Dunsandel headquarters.
Synlait Milk is establishing an industrial-scale native plant nursery at its Dunsandel headquarters as the centrepiece of a wide-ranging environmental initiative.
A2 Milk expects strong first half sales supported by brand and marketing investment in China and the United States.