MD & CEO Announcement Interim CEO Announcement Investor briefing script
Please find attached documents relating to the 2019 Annual Meeting.
Attached is an announcement from The a2 Milk Company on a number of updates in relation to the Company’s remuneration framework to enhance alignment with its strategic direction.
The a2 Milk Company Limited (a2MC) is pleased to announce it has agreed a variation to its comprehensive manufacturing and supply arrangements with Synlait Milk Limited.
The a2 Milk Company wishes to advise that Global Chief Marketing Officer, Susan Massasso, has announced her resignation from the role of Chief Marketing Officer effective end of February and will remain on the Senior Leadership Team until the end of June 2020.
Record financial results and market shares; step-changing investment in brand and capability for further growth.
View documents relating to the Interim results for the six months ended 31 December 2018.
The a2 Milk Company is pleased to advise the establishment of two new positions within the senior leadership team of the Company. These two new roles will add further strategic and technical capability to the existing strong and experienced group of executives.
Please find attached documents relating to the 2018 Annual Meeting, held in Melbourne on Tuesday 20 November, 2018.
The a2 Milk Company Limited is pleased to advise it has expanded its Senior Leadership Team, with the creation of Human Resources Director and has appointed Lisa Burquest to this role effective from Tuesday, 13 November 2018.
The Company delivered another very strong financial performance, with substantial improvements in revenue, earnings and cash generation. Increased investment in brand and market development resulted in rapid growth of infant formula and the expansion of the liquid milk business in each of the Company’s established markets.
Ahead of The a2 Milk Company announcing their results on Wednesday 22 August, hear what our CEO’s initial observations are in her new role.
Canberra: The a2 Milk Company has reaffirmed its strategic arrangements with China State Farm Holding Shanghai Co., Ltd. (CSFA Shanghai). The current strategic arrangements between the two entities have today been extended for a further three-year period from 6 December 2018.
a2 Milk™ branded fresh milk is now available in select stores in New Zealand, as part of a launch campaign that will roll out to a broader distribution footprint over the coming months.
The a2 Milk Company is proud to announce the launch of Premium a2 Milk™ powder with Mānuka honey, combining the goodness of UMF™ 10+ Mānuka honey from New Zealand with pure and natural a2 Milk™ for a delicious and calcium-rich drink.
a2 Platinum® is the first leading infant formula brand to market a maternal milk powder in Australia. Specially formulated to support a mother’s increased nutritional needs from planning a family, throughout her pregnancy and while breastfeeding.
Dr Andrew Clarke will step down from his current executive role as Chief Scientific Officer, and assume a new part time role as Chief Scientific Advisor to the CEO for an initial term of three years, effective from 1 August 2018.
View HY18 Results presentation, commentary and report.
The a2 Milk Company today was named one of the Top 10 Most Innovative Companies in Food for 2018 by US-based business magazine Fast Company. The Top 10 Most Innovative Companies in Food is one of 36 categories that recognize pioneering companies across industries. The categories range from artificial intelligence, to wellness and honors leading enterprises as well as rising newcomers [...]
The Board of Directors of The a2 Milk Company Limited is very pleased to announce the appointment of Ms Jayne Hrdlicka to the role of Managing Director and CEO, to succeed Geoffrey Babidge who will retire from his role, during calendar 2018. Geoff’s retirement is part of a carefully planned transition programme which the Board has put in place together with Geoff to create an orderly and [...]
Auckland: The a2 Milk Company is very proud to have been awarded the Deloitte and Marsh Company of the Year for 2017.
View the information relating to the 2017 Annual Meeting.
The a2 Milk Company is making pleasing progress in the United States. Awareness for the a2 Milk™ brand is building, there is a growing rate of sale and the Company is expanding its footprint region-by-region.
Hong Kong: The a2 Milk Company has launched its highly successful a2 Platinum® brand infant formula into the lucrative Hong Kong market. With its growing population of more than 7 million people, the Hong Kong market presents an attractive opportunity for the Company for both its domestic consumers and as a significant influencer channel for Greater China.
Beijing: A clinical trial conducted in China and involving 600 adult Han Chinese participants with self-reported lactose intolerance has reported that consumption of a2 Milk™ containing only A2 beta-casein reduced acute gastrointestinal symptoms compared to consuming conventional milk containing A1 and A2 beta-casein proteins.
Please find attached a copy of the notice confirming that the Annual Meeting of The a2 Milk Company Limited for the year ended 30 June 2017 will be held on Tuesday, 21 November 2017 at 11:30am New Zealand time (9:30am Sydney time) at the Grand Millennium Hotel, 71 Mayoral Drive, Auckland 1010, New Zealand.
The a2 Milk Company made further strong gains in revenue and earnings in the 2017 financial year (FY17), with outstanding performance in infant formula, and continued growth in liquid milk in each of its core markets.
Fresh a2 Milk™ is now available in Singapore – the first step for The a2 Milk Company's expansion into south-east Asia
The a2 Milk Company wishes to advise that, consistent with the ongoing process of board renewal, Richard Le Grice has determined the time is appropriate for him to retire as a non-executive Director of the Company, effective from 30 June 2017.
The a2 Milk Company has determined it appropriate to further revise 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 Limited wishes to advise of a reorganisation of responsibilities within the senior leadership team to further support the ongoing development of our businesses in the Asia Pacific region.
As part of the ongoing board renewal process, The a2 Milk Company is pleased to advise that the Board has resolved to appoint Mr Jesse Wu as a non-executive Director of the Company, effective from 16 May 2017.
Please find attached a presentation given by The a2 Milk Company Limited at Macquarie’s annual Australia Conference in Sydney.
The a2 Milk Company Limited (the “Company”) is pleased to advise it has expanded its Senior Leadership Team, with the creation of a new position of Head of Business Development - Emerging Markets, and has appointed Michael Bracka to this role effective from 8 May 2017.
The following trading update was released to the ASX and NZX on 26 April 2017 by The a2 Milk Company.
The a2 Milk Company U.S. successfully debuted its latest innovation, Chocolate 2% Reduced Fat Milk at Natural Products Expo West recently, and has secured an additional 1,100 stores with Publix, a grocery chain based out of Florida.
Please find attached the disclosure notices released by The a2 Milk Company Limited to the ASX and NZX on 2 and 9 March 2017 related to : change in nature of relevant interest in Synlait Milk Limited.
The a2 Milk Company delivered a further step upward in performance in the first half of the 2017 financial year, with operating earnings and net profit at higher levels than those for the full 2016 financial year.
The a2 Milk Company this week joined Australian politicians and celebrities to highlight great Australian products and brands pushing into the U.S.
The a2 Milk Company™ is delighted to announce the launch of a new major partnership with leading education charity The Song Room. The Song Room provides Australian children with creative education programs that are proven to improve their school grades, literacy, attendance and well-being.
View information relating to The a2 Milk Company 2016 Annual Meeting
Synlait Milk has confirmed that production of a2 Platinum® has not been affected by the recent earthquake and aftershocks in New Zealand.
View a presentation to be shared today by The a2 Milk Company Limited at the UBS Australasia Conference in Sydney.
NOTICE is hereby given that the Annual Meeting of shareholders of The a2 Milk Company Limited (the "Company") for the year ended 30 June 2016 will be held on Tuesday, 22 November 2016 at 11:00am Sydney time (1:00pm New Zealand time) in the Aerial UTS Function Centre, UTS Building 10, Level 7, 235 Jones Street, Ultimo NSW, Australia.
A recently published study in the UK based Nutrition Journal reports that the consumption of a2 Milk™ increases the natural production of the antioxidant glutathione.
Karen Buch, RDN, LDN of health and wellbeing website, Nutrition 411, reviews a2 Milk®.
Registered dietitian and diet educator Kate Scarlata speaks with Bonnie Johnson, MS, RDN, Vice President Scientific Affairs & Activation at The a2 Milk Company in the US to learn more about the beta-casein in milk.
Links to all documentation relating to The a2 Milk Company Limited's 2015-2016 annual results
Apparently blowing bubbles is not just for kids and has been shown to reduce anxiety.
The a2 Milk Company Limited (“Company”) achieved a substantial lift in revenue and earnings in the 2016 financial year, with continued growth in the ANZ and China markets, and further progress in its targeted investment in a number of international markets.
Synlait Milk Limited (Synlait) and The a2 Milk Company Limited (a2MC) are pleased to announce a new supply agreement between the two groups for the production of a2 Platinum® infant formula.
Based on a review of its unaudited financial results to 31 May 2016, continuation of recent trading performance and no material change in market conditions in June, the Company has determined it appropriate to further revise its full year outlook upward.
The a2 Milk Company Limited is pleased to announce its admission to the S&P/ASX 200 Index effective after the close of trading on 17 June 2016.
The a2 Milk Company is pleased to advise the appointment of Blake Waltrip as the new Chief Executive of the USA business effective from 1 May 2016. This appointment has the support of the current CEO Jeff O’Neill who is stepping down for personal health reasons and will continue his association as a Director of our USA Advisory Board.
The a2 Milk Company is experiencing substantial growth in sales of a2 Platinum® infant formula across Australia and New Zealand (ANZ) and China. A new advertising campaign for a2 Platinum® Toddler Milk has launched across the Australian market across TV, outdoor and digital media.
Please find attached a presentation to be shared today by The a2 Milk Company Limited at the First NZ Capital and Credit Suisse Dairy Day 2016 in Sydney.
The a2 Milk Company Limited is pleased to announce its admission to the S&P/ASX 300 Index effective after the close of trading on 18 March 2016.
Please find attached a presentation to be shared by The a2 Milk Company Limited at the Goldman Sachs Australia and New Zealand Investment Forum, New York.
The a2 Milk® brand debuted its first television advertising campaign in USA across the Los Angeles market from February 11, 2016. The locally developed testimonial campaign will feature across both broadcast and cable networks and complements the existing social media, digital and shopper marketing programs across California.
The a2 Milk Company has delivered an outstanding result for the first half of the financial year to 31 December 2015, notwithstanding higher investment in our growth markets of $8.1 million. The ANZ business continues to outperform with substantial growth in revenue and operating earnings as a consequence of exceptional growth in a2 Platinum® infant formula.
The New Zealand Government today awarded a $NZ1.15 million High-Value Nutrition research grant to AgResearch Limited to undertake research to validate the benefits of A2 beta casein protein contained in milk-based products on digestive function
The a2 Milk Company Limited has made a very positive start to the 2016 financial year with the first four months' trading performance for infant formula well ahead of plan. As a result the Company is today issuing revised earnings guidance upwards for the full year.
Federal Treasurer the Hon. Scott Morrison MP today welcomed the House of Representatives passing the enabling legislation for the Free Trade Agreement between Australia and China in Australian Parliament this week at a press conference at The a2 Milk Company processing facility in Smeaton Grange, Western Sydney, which is currently the largest Australian exporter of branded fresh milk into China.
The a2 Milk Company Limited (“a2MC” or “the Company”) is pleased to announce the successful completion of the NZ$40 million underwritten placement (“the Placement”) launched yesterday. The Placement of 58.8 million new fully paid ordinary shares was oversubscribed at a price of NZ$0.68 per share.
The a2 Milk Company Limited ("a2MC" or "the Company") is seeking to raise NZ$40 million of new equity through a fully-underwritten placement (“the Placement”) to eligible investors of fully paid new ordinary shares in the Company ("the Placement Shares").
The a2 Milk Company Limited is pleased to present a copy of its 2015 Annual Report.
Financial results for the year ended 30 June 2015
As a result of a strong fresh milk business and increasing consumer requests, The a2 Milk Company Australia is extending the brand into a range of premium ice creams. The new delicious range has been launched into selected Australian supermarkets from August 2015 and is sure to be a successful addition to the growing range of premium products made with the goodness of a2 Milk.
With the assistance of its financial and other advisors, the Company has evaluated the EOI and sought further information from Freedom / Dean Foods. The Board does not consider that the proposal in the EOI is compelling, and accordingly the Board would not be in a position to recommend it to shareholders.
The a2 Milk Company ("a2MC" or 'the Company") has received an expression of interest from two associated trade parties with respect to a potential acquisition of all of the shares in a2MC ("the Proposal").
Please find attached a presentation to be shared by The a2 Milk Company Limited at the UBS Emerging Companies Conference Series on 3rd June 2015.
The a2 Milk® brand has commenced its launch into the world’s largest dairy market – the United States of America (USA). Following a successful brand debut at the Natural Products Expo in Anaheim California in March 2015, the products are now making their way onto Californian shelves.
Please find attached a presentation to be shared by The a2 Milk Company Limited at the ASX Spotlight Asia conference this week.
Come and hear our Managing Director and CEO, Geoff Babidge, present at ASX Spotlight Asia. The upcoming ASX Spotlight Series will host a conference in Singapore and Hong Kong, bringing ASX-listed companies from a variety of industries to share their investment opportunities first-hand with investors in Asia.
The a2 Milk Company™ (a2MC or the Company) is pleased to announce that it has been admitted to the Official List of the Australian Securities Exchange (ASX) and that its ordinary shares will commence trading on the ASX today. This is another significant milestone after seven years of strong growth in the Australian market.
The a2 Milk Company Limited (a2MC) has been advised that its application for listing on the ASX has been approved in principle, subject to customary pre-quotation conditions.
a2 Milk® has debuted in the USA at the world's largest natural, organic and healthy products event. The Natural Products Expo West (6-8 March 2015, Anaheim Convention Centre) involved over 2,700 exhibiting companies and was attended by more than 71,000 industry members.
The a2 Milk Company (a2MC or Company) performed ahead of plan during the period and its strategic growth initiatives continued to gain momentum. The Company's strategic plan is based on funding growth in priority international markets from increasing Australian profits.
The a2 Milk Company Limited (a2MC or Company) has today lodged an application for admission to the Official List with the Australian Securities Exchange (ASX) for the proposed dual listing of its securities on the ASX. a2MC will advise when further information on the ASX listing process is available.
The a2 Milk Company Limited (a2MC) and China State Farm Holdings Shanghai (CSF) have agreed to make changes to the supply and distribution arrangements for a2Platinum® infant formula sold in China.
ASX dual listing flagged. The a2 Milk Company™ (a2MC) is making a positive start to the 2015 financial year with strong growth in revenues in Australia, imminent launches of a2 Milk™ brand into the premium supermarket chains of J Sainsbury and Wholefoods in the UK and plans well progressed for the resumption of infant formula sales into China.
The a2 Milk Company Limited (a2MC) today announced that it has commenced a process to apply to be listed on ASX. It is expected that the process will complete during the first quarter of the 2015 calendar year. a2MC intends to maintain its New Zealand incorporation and listing on the NZX Main Board.
The a2 Milk Company (a2MC) has had a strong year and continued to progress its growth initiatives, during what has been a challenging FY14. This included significant competitor activity in our core Australian market, regulatory interruptions to our infant formula growth plans in Asia and taking full control of the former joint venture business in the UK.
The a2 Milk Company Limited (a2MC) is pleased to advise it has achieved approval from regulatory agencies in China to resume shipments of high quality a2 Platinum® infant formula.
As part of its growth agenda, The a2 Milk Company Limited (a2MC) is establishing a business engaged in the sale of high-quality, a2® Platinum™ infant formula for sale initially into China, Australia and New Zealand. The product is exclusively manufactured on behalf of the Company by Synlait Milk Limited in Canterbury.
The Board of A2 Corporation is pleased to confirm, further to its announcement of 28 February 2014, that the appointment of Craig Louttit as the new Chief Financial Officer of the Company and the resignation of our present CFO Sarah Kolkman will be effective from 1 April 2014.
The Board of A2 Corporation has resolved to change the name of the company to The a2 Milk Company Limited effective from 8 April 2014. The Company will continue to trade on the NZX with the existing ticker code ‘ATM’. In addition to this change, the key operating subsidiaries across all markets will also change such that all trading will be unified under one common trading name.
The Board of A2 Corporation is pleased to announce the appointment of Craig Louttit as the new Chief Financial Officer of the Company from early April 2014.
Revenues grew strongly over the corresponding half as a function primarily of ongoing growth in a2™ brand fresh milk in the Australian market. The revenue growth in AUD on the prior corresponding period was 28.3% and the a2™ brand remains the fastest growing dairy brand in grocery in Australia.
The Board of A2 Corporation is pleased to announce the appointment of Mr. David Hearn as a non-executive Director of A2 Corporation Limited (A2C).
The Board of A2 Corporation is very pleased to announce that Scott Wotherspoon is to assume the role of Chief Executive Officer of the wholly owned subsidiary, A2 Milk (UK) Ltd, effective from this date.
A2 Corporation (A2C) will accelerate investment in the United Kingdom to take advantage of the significant opportunity for a2 branded milk products there and in Europe.
A2 Corporation (A2C) will accelerate investment in the United Kingdom to take advantage of the significant opportunity for a2 branded milk products there and in Europe.
A2 Corporation (A2C) along with their China distributor partner China State Farm Holding Shanghai Company (CSF) has hosted the official launch ceremony for a2® Platinum™ infant formula in China in the press room of the Great Hall of the People in Tiananmen Square.
The Board of A2 Corporation is pleased to announce that Philip Wohlsen is to join the company in a newly established role of General Manager Asia
A2 Corporation Limited (NZX:ATM) has appointed Western Australia’s most experienced dairy company, Brownes Food Operations Pty Limited, to package a range of a2™ brand fresh milk products to meet the rising demand from Western Australian consumers.
A2 Corporation Limited (A2C) has successfully pursued its strategy for growth during the FY13 consistent with the Strategic Review outcomes announced in October 2012.
Find attached the presentation given by Geoffrey Babidge, CEO of A2, to the Synlait Milk Conference, held on 12th July 2013. To view the presentation please click here
The Board of A2 Corporation is delighted to announce that Susan Massasso is to join the company in the newly established role of Chief Marketing Officer, reporting to Geoff Babidge, the Managing Director and CEO.
A2C Presentation to Global Dairy Congress, 19-20 June 2013, Lucerne.
The headline in a dairy trade newsletter a few days ago was "China's demand for WMP relentless".
To view the full presentation, please click here.
A2 starts infant formula exports to China
NZ Herald reports on the first shipment of a2 Platinum® infant formula into China. To view the full article, please click here.
New Zealand listed dairy company A2 Corporation (NZX:ATM) is ready to tap into the lucrative international demand for New Zealand made infant formula with the launch of its unique a2® Platinum™ infant formula. The launch is consistent with the Company Strategy announced in October 2012.
A2 Corporation Limited (“A2C” or the “Company”) is pleased to announce that the Company will be added to the NZX 50 Index, effective at market open on Monday 18th March 2013
Alternative milk marketer A2 Corp is set to join the NZX 50 Index after qualifying in the February review, and will topple rural services firm PGG Wrightson from the benchmark bourse. Click here to read more
Revenues grew strongly over the corresponding half as a function of continuing growth in a2™ brand fresh milk in the Australian market. The a2™ brand remains the fastest growing dairy brand in grocery in Australia.
Following its announcement on 5 December 2012, A2 Corporation Limited (“A2C” or the “Company”) is today pleased to announce the successful completion of the equity raising. Trading of existing shares in the Company on the NZX Main Board will commence on 7 December 2012.
NZX alternative listed A2 Corp has more than doubled its after tax profit and increased revenue by 48% as the company's fresh milk continues to sell strongly in Australia.
To view the full presentation, please click here.
A2 Corporation Limited (“A2C” or “the Company”) announced in April 2012 it was undertaking a strategic review of the Company in order to assess its options to accelerate growth and maximise shareholder value. Additionally, the review considered the merit of approaches received from parties interested in partnering with A2C.
A2 Corporation Limited (“A2C” or “the Company”) has today advanced the launch of a2™ brand milk powders and infant formula in China in 2013 with the appointment of an in-market Chinese distribution partner.
A strong trading performance in Australia for New Zealand-listed milk company A2 Corporation has provided a platform for strategic initiatives in various global markets, the company says.
Consumer demand for the a2™ brand fresh milk proposition has delivered A2 Corporation Limited another year of strong growth.
Barry O’Farrell, The Premier of New South Wales, today officially opened A2 Corporation’s Sydney processing facility built to satisfy the rapidly increasing demand for a2™ brand milk products in the State and throughout Australia.
A2 Corporation Limited (A2C) has announced a strategic agreement with Synlait Milk Limited for the manufacture of a2TM brand nutritional powders (including milk powders and infant formulas) for A2C.
A2 Corporation Limited (NZAX:ATM) (“A2C”, “the Company”) announces today that it is undertaking a strategic review of its options to accelerate growth and maximise shareholder value. This review is being carried out in light of the Company’s strong growth options as well as approaches received from parties potentially interested in partnering with A2C.
Presentation to Investors, 13 April 2012
A Kiwi firm's white gold could soon be lapped up by health-conscious Americans and Canadians. Trendy Europeans may sip it at sidewalk cafes. Chinese babies could greedily suck the formula from bottles.
A2 Corporation Limited (A2C, the Company) is pleased to advise its new milk processing facility in Sydney has been commissioned as planned and is supporting the increased demand for a2™ brand milk products.
A2 Corporation Limited (NZAX:ATM) (A2C, the Company) advises it has agreed today to make a share placement of 14 million shares at a price of 37 cents per share to AMP Capital Investors (New Zealand) Limited (AMP Capital) to raise an amount of new equity of $5.180 million.
High-end milk-maker A2 Corporation tripled net profit after tax and increased revenue by nearly 50% in the last six months of 2011.
A2 Corporation has more than trebled its profit as it looks to start selling its milk in the UK and Ireland this year.
A2 Corp has reported a 245 per cent increase in half-year net profit as its specialist milk products continued to gain traction in the Australian market.
A2 Corporation Limited (“A2C”) (NZAX: ATM) is pleased to report an unaudited Group Profit after Tax of $3,102,071for the six (6) months ended 31 December 2011.
Group Profit after Tax for the previous comparable half was $893,517 and $2.1 million for the financial year ended 30 June 2011. Sales revenue for the six months to December 2011 was $28.3 million, an increase of 48.7 per cent on the previous comparable half.
Uprichard appointment Release Final
A2 AGM presentation 22112011
A2 Corporation Limited (NZAX:ATM) (A2C, the Company) is pleased to announce an expansion of its operations into the United Kingdom and Ireland.
A2C FY2011 Investor Presentation 230811
Construction is underway of A2 Corporation Limited’s (NZAX:ATM) own processing facility in south western Sydney to meet the growing demand for a2 Milk™ in Australia.
Sales of a2 Milk™ have increased by 8 per cent, defying the fall in branded milk sales.
A2 Corporation confirms that A2 fresh milk sales to grocery consumers in Australia have grown by an amount approximating 8 per cent in volume for the week ended 20 March 2011 compared to the average weekly sales in the month of December 2010.
Read the full article “Milk war a plus for niche player” in today’s Australian Financial review.
The Board of A2 Corporation Limited (NZAX: ATM) has today taken a further step towards creating a global dairy products business with the alignment of senior management incentives to the medium term goals of the Company.
Dairy entrepreneur A2 Corp says it has made it first profit since it was established 11 years ago. The Auckland-based company reported a net profit $894,000, or 17 cents/share, in the six months to December 31.
A2 Corporation Limited ("a2C”) (NZAX: ATM) has reported a maiden unaudited Group Profit after Tax of $893,517 for the six months ended 31 December 2010 – a $1.6 million turnaround from the comparable period a year ago.
A2 Corporation Limited (NZAX:ATM) is pleased to announce that it is to establish its own milk processing facility in Australia to support the growth of the wholly owned subsidiary, A2 Dairy Products Australia Pty Limited.
Since Jock's appointment in 2003, he has made a significant contribution to the company and its development through its early years
By Radio New Zealand: 21 October 2010 Specialty milk company A2 Corporation is planning to launch infant formulas and milk powders in Asia, as it mulls a listing on the main boards of both the New Zealand and Australian stock markets. The company’s new chief executive, Geoff Babidge, says A2 is trading profitably, and he believes it will make its first profit this financial [...]
A2 Corporation will fully take over its US-based marketing arm offering its joint venture partner a small stake in the parent company.
A2 Corporation Limited ("a2C”) (NZAX:ATM) has today announced an audited Group post-tax loss of $2,193,973 for the twelve (12) months ended 30 June 2010. This compared to a loss of $3,528,057 for the fifteen (15) months ended 30 June 2009.
A special meeting in Auckland of A2 Corporation shareholders has approved a deal to buy up the remaining 50 per cent stake in Australia's A2 Dairy Products that it does not already own.
Shareholders in the specialty milk producer A2 Corporation have approved a buy-out of its joint venture partner in A2 Dairy Products Australia.
The company's executive general manager Peter Nathan said a2 Milk was looking to build on its intake of just over 20 million litres.
BRETT and Judith Gledhill found it difficult to come up with reasons not to produce a2 milk.
New Zealand-based dairy firm A2 Corporation is eyeing expansion in Australia and beyond following its merger with ASX-listed Freedom Nutritional Products.
A2 Corporation has cut a deal to merge with Australian company Freedom Nutritional Products (FNP), which is listed on the ASX.
A2 Corporation Limited (NZAX:ATM) (“A2C”) and Freedom Nutritional Products Limited (ASX:FNP) (“FNP”) continue to be in discussions regarding a proposed transaction. The parties believe that there may be an outcome preferable to a full merger of equals and, as such, discussions about a full merger have been suspended.
A2 Corporation Limited (NZAX:ATM) ("A2C") and Freedom Nutritional Products Limited (ASX:FNP) ("FNP") today announced that they are in merger discussions in relation to an all scrip-based 'merger of equals', under which the surviving entity would remain listed on the ASX (Merger Proposal).
A2 Corporation made an unaudited post-tax loss of $717,172 in the six months to December 31 from a loss of $1.99 million in the corresponding period last year.
Unfortunately for a2 Corporation, one of our NZ licensees, Ridge Brands Ltd is unable to supply a2 Milk™ for the foreseeable future.
A2 Corporation Limited (A2C) Chairman, Cliff Cook announced today that the A2C Board had accepted the resignations of Grant Paterson and Wayne Burt.
Biotech dairy company A2 Corporation says business is stabilising and it is now turning a profit in Australia.
Kiwi academic and author Professor Keith Woodford hopes the release of his book “The Devil in the Milk” in the United States will lead to further research and debate on the benefits of a2 milk™.
The Government's refusal to back A2 milk research is a mistake, both in a particular and a general sense, writes The Press in an editorial.
The directors of A2C are pleased to report that the last 12 months has seen significant progress made within the company both from an operating and financial perspective. It is even more satisfying that this progress has been made in an extraordinarily difficult economic climate
A2 Corporation Limited (A2C) today announced the appointment of Scott Pannell as Chief Executive Officer effective from 24 August 2009. The Chairman of A2C, Cliff Cook, said the board was delighted with the appointment.
In accordance with Listing Rule 10.7.1(h) A2 Corporation Limited wishes to advise NZX of a change to its annual balance date from 31 March to 30 June. The change has been approved by the Inland Revenue Department and Companies Office.
A2 Corporation Limited (“A2C”) (NZAX:ATM) today announced that the Company has implemented a strategic market review following its recent Half-Year result which saw its Australian sales increase 260% over the same period last year, but the business still record an overall loss.
A2 Corporation Limited (“A2C”) (NZAX:ATM) today announced a Group post-tax consolidated loss for the six months to 30 September 2008 of $1,993,000 compared to a loss of $2,073,000 in the same period ending 30 September 2007
A2 Corporation (NZAX: ATM) (A2C) is pleased to announce the appointment of David Mair as a director of A2C.
A2 Corporation (NZAX: ATM) (A2C) announced today that it has reached agreement with the Child Health Research Foundation (CHRF) to exchange CHRF's A2C profit share entitlement for a 5% shareholding in A2
A2 Corporation (NZAX: ATM) (A2C) wishes to provide an update on capital raising activities and also provide confirmation of the launch of Lotte a2 Milk™ in South Korea.
A2 Corporation ("A2C") today announced a 3 for 4 renounceable rights issue of ordinary shares to all shareholders, at an offer price of 10 cents per share, which will raise net proceeds of approximately $10.8 million.
A2 Corporation (NZAX: ATM) today announced its annual results for the year to 31 March 2008 highlighting the Company’s continued positive business momentum including significant gains in milk sales in Australia and substantial progress in the development of a2 Milk™ licensing opportunities in other key target markets
A2 Corporation (NZAX: ATM) welcomes the review by Dr Slorach on the New Zealand Food Safety Authority’s (NZFSA) procedures in the handling of Professor Swinburn’s report on A1/A2 milk. A2 Corporation notes that the Slorach review identifies shortcomings in the procedures of the NZFSA and recommends several areas for improvement.