The a2 Milk Company has revised its full year outlook upwards. Group revenue is now forecast to be an increase of approximately NZ$20 million on the previous update.
The a2 Milk Company is pleased to announce it has acquired a shareholding in Synlait Milk Limited, further strengthening the current business relationship between the two parties.
Synlait Milk Limited and The a2 Milk Company Limited are confident with the progress of their application to export a2 Platinum® infant formula to China from 1 January 2018.
Fresh a2 Milk™ is now available in Singapore – the first step in the company's emerging markets push.
Group revenue is now forecast to be approximately NZ$545 million for the 2017 financial year, an increase of approximately NZ$20 million on the previous update.
The a2 Milk Company has appointed Ms Jane Xu to a new position of Executive Vice President Greater China, to assume responsibility for the leadership of the China business effective from 14 August 2017.
The a2 Milk Company Limited is a dual listed on the NZX and ASX.
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