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August 19, 2015
Above expectation performance in Australia continues to provide a platform for the Company’s strategic growth initiatives
NZX/ASX Market Release
Overview – financial results for the year ended 30 June 2015
- Total revenue of $155.109 million, an increase of 40% over the prior corresponding period (pcp)
- Net loss after tax of $2.091 million after absorbing costs associated with the ASX listing and employee share scheme expenses (non-cash), both non-deductible for tax
- Group operating EBITDA1 of $4.810 million before non-recurring costs, representing a 35% increase on pcp. Result reflects record operating performance in Australia and New Zealand (ANZ), complemented by investments in growth markets in the rest of the world and corporate costs to support the growth strategy
- Substantial growth in sales of a2 Platinum® infant formula across ANZ and China with total revenue of $41.671 million, up 445% on pcp
- Increased liquid milk market share in Australia with fresh milk sales up 10% in AUD over the pcp
- International business growth continued with the launch of the a2 Milk™ brand in the USA and successful repositioning into the specialty milk segment in the UK
To view the full year results commentary 2015, please click here
To view the FY15 results presentation, please click here
To view the NZX results 2015, please click here
To view the ASX Appendix 4E 2015, please click here
To view the preliminary release 2015, please click here
