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a2 Milk Company Ltd (ATM.NZ)

ATM.NZ on New Zealand Stock Exchange

3.43NZD
25 May 2017
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Latest Key Developments (Source: Significant Developments)

A2 Milk Company forecasts Group's revenue for 2017 financial year to be about NZ$525 mln
Tuesday, 25 Apr 2017 04:31pm EDT 

April 26 (Reuters) - A2 Milk Company Ltd :It was anticipating lower infant formula sales during second half relative to first half FY17.Company confirms that for 9 months ended 31 March 2017, group revenue was NZ$388.5 million.Group revenue for 2017 financial year is forecast to be approximately NZ$525 million.Company is now expecting infant formula sales for second half FY17 to exceed sales achieved in first half FY17."Still expecting infant formula sales to be materially higher than in second half FY16".  Full Article

a2 milk announces admission to S&P/ASX All Australian 200 Index
Thursday, 9 Mar 2017 05:20pm EST 

a2 Milk Company Ltd :Announce its admission to s&p/asx all australian 200 index effective at open of trading on 20 march 2017.  Full Article

A2 Milk to acquire about 8.2 pct stake in Synlait Milk
Thursday, 2 Mar 2017 02:46am EST 

A2 Milk Company Ltd : Will acquire a shareholding in Synlait Milk Limited further strengthening current business relationship between two parties . In acquiring this stake in synlait, A2mc has no plans to increase its shareholding beyond present level . Deal for total consideration of about nz$47.9m .A2mc will acquire, through a subsidiary, about 8.2% of fully paid ordinary shares in Synlait from Frieslandcampina.  Full Article

A2 Milk Company updates on trading performance
Tuesday, 20 Dec 2016 08:11pm EST 

A2 Milk Company Ltd : revenue for first four months of 2017 financial year was nz$155.2 million . ebitda was nz$35.5 million for first four months of 2017 financial year . "company notes higher level of recent commentary and interest from shareholders relating to infant formula market" ."confirms that, consistent with trends communicated at annual meeting, business continues to trade very strongly".  Full Article

a2 Milk says FY revenue NZ$352.8 mln, up 127.4%
Tuesday, 23 Aug 2016 04:30pm EDT 

a2 Milk Company Ltd : The A2 Milk Company Limited - atm nzx results FY 2016 . Says FY total revenue of $352.8 million - an increase of 127.4% over the prior corresponding period . expects continued growth in 2017 financial year, in particular from infant formula and milk powders in Australia and China and improved momentum in US business . All figures in nz$ .  Full Article

a2 Milk Company updates on infant formula supply arrangements with Synlait Milk
Monday, 22 Aug 2016 04:34pm EDT 

a2 Milk Company Ltd : The a2 Milk Company Limited - sml and atm reaffirm infant formula supply arrangements . new supply agreement for a2 platinum infant formula production is for a minimum term of five years . Says announce a new supply agreement between the two groups for the production of a2 platinum infant formula . current production volumes remain same, but appropriate provisions allowing for increased scale to meet market demand in the medium term have been made .  Full Article

a2 Milk Company revises its full year forecast
Tuesday, 14 Jun 2016 04:46pm EDT 

a2 Milk Company Ltd : The A2 Milk Company Limited - full year forecast revised upward . Company continues to perform strongly compared to its plan in the second half of FY 2016 . 2016 group revenue is now forecast to be in the range of $350 million to $360 million . Sees group operating EBITDA in the range of $52 million to $54 million for the 2016 financial year . All figures in nz$ .  Full Article

Freedom Foods Group announces divestment of shares in A2 Milk Company
Tuesday, 20 Oct 2015 04:17pm EDT 

Freedom Foods Group:Sold 42.5 million shares in A2 Milk Company Limited at price of NZ$0.73 in an on-market trade, generating approximate net proceeds of A$28 million.Says net proceeds will be invested into income producing assets consistent with Freedom food's growth strategy.  Full Article

A2 Milk Company announces successful completion of NZ$40 million Placement
Thursday, 8 Oct 2015 04:00pm EDT 

A2 Milk Company:Says the successful completion of the NZ$40 million underwritten placement launched yesterday.Placement of 58.8 million new fully paid ordinary shares was oversubscribed at a price of NZ$0.68 per share.  Full Article

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