Displaying items by tag: Synlait

OPINION: A mate of yours truly asks if the financial pickle that milk company Synlait currently finds itself in is a case of the people supposed to be in charge of the company taking their eyes off the ball.

After nine straight years of profitability Canterbury milk processor Synlait has reported its largest financial loss.

OPINION: The pain continues at listed Canterbury milk processor Synlait.

Canterbury farmers Bruce and Susan Turpie love doing things differently on their 500ha farm.

Listed Canterbury milk processor Synlait is heading towards its first financial loss ever, but is telling its farmer suppliers not to worry.

Embattled Canterbury milk processor Synlait has taken another hit, with key customer and shareholder a2 Milk issuing its fourth earnings downgrade.

Dairy industry darling Synlait has hit troubled waters lately and its latest captain is baling out.

Canterbury Milk processor Synlait has suffered a 76% drop in half-year net profit as it battles Covid-related volatility and rising dairy prices.

OPINION: The misery of a2 milk is being passed onto its New Zealand partners, including Canterbury processor Synlait.

Farmgate milk prices offered by processors continue to soar on the back of strong global demand for dairy products.