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a2 Milk Company Ltd (ATM.NZ)

ATM.NZ on New Zealand Stock Exchange

12.65NZD
23 Feb 2018
Change (% chg)

$-0.25 (-1.94%)
Prev Close
$12.90
Open
$12.93
Day's High
$13.12
Day's Low
$12.31
Volume
1,963,183
Avg. Vol
1,720,141
52-wk High
$14.62
52-wk Low
$2.33

Latest Key Developments (Source: Significant Developments)

Synlait Milk Says No Change To Existing Synlait And A2 Milk Infant Formula Supply Arrangements
Tuesday, 20 Feb 2018 10:22pm EST 

Feb 21 (Reuters) - Synlait Milk Ltd ::CLARIFIES ANNOUNCEMENTS MADE BY A2 MILK & FONTERRA DO NOT CHANGE CO'S EXCLUSIVE INFANT FORMULA SUPPLY ARRANGEMENTS TO A2 MILK.  Full Article

A2 Milk Co Updates On Expected Performance In H2
Tuesday, 20 Feb 2018 02:50pm EST 

Feb 21 (Reuters) - A2 Milk Company Ltd ::EXPECTS SECOND HALF GROSS MARGIN PERCENTAGE TO BE CONSISTENT ‍​ WITH THAT OF FIRST HALF.  Full Article

A2 Milk Forms Comprehensive Strategic Relationship With Fonterra Co-Operative Group​
Tuesday, 20 Feb 2018 02:41pm EST 

Feb 21 (Reuters) - A2 Milk Company Ltd ::FORMS COMPREHENSIVE STRATEGIC RELATIONSHIP WITH FONTERRA CO-OPERATIVE GROUP​.‍FONTERRA WILL EXCLUSIVELY SUPPLY A1 PROTEIN FREE MILK PRODUCTS IN BOTH BULK POWDER FORM AND CONSUMER PACKAGED FORM TO A2MC​.  Full Article

A2 Milk Company Posts HY Net Profit After Tax Of NZ$98.5 Mln ‍​
Tuesday, 20 Feb 2018 02:32pm EST 

Feb 21 (Reuters) - A2 Milk Company Ltd ::HY NET PROFIT AFTER TAX NZ$98.5 MILLION VERSUS NZ$39.4 MILLION ‍​.HY REVENUE OF NZ$434.7 MILLION, AN INCREASE OF 70 PCT.EARNINGS GROWTH IN H2 WILL BE TEMPERED BY HIGHER MARKETING EXPENSE; HALF-ON-HALF INCREASE LIKELY IN THE RANGE OF NZ$35 - $40 MILLION‍​.  Full Article

A2 Milk Says Admission To S&P/ASX 100 Index Effective From Dec 14
Thursday, 14 Dec 2017 02:30pm EST 

Dec 15 (Reuters) - A2 Milk Company Ltd ::ADMISSION TO S&P/ASX 100 INDEX EFFECTIVE FROM DEC 14.  Full Article

A2 Milk Company Appoints Jayne Hrdlicka As Managing Director And CEO
Wednesday, 13 Dec 2017 03:00pm EST 

Dec 14 (Reuters) - A2 Milk Company Ltd ::APPOINTS JAYNE HRDLICKA TO ROLE OF MANAGING DIRECTOR AND CEO, TO SUCCEED GEOFFREY BABIDGE.  Full Article

A2 Milk expects marketing expense in H2 to exceed H1 expenses
Monday, 20 Nov 2017 05:23pm EST 

Nov 21 (Reuters) - A2 Milk Company Ltd :4 months to oct npat nz$52.3 million versus nz$22 mln‍​.4 months to oct revenue nz$262.2 million versus nz$155.2 mln‍​.expecting marketing expense in 2h18 to exceed 1h18 by about nz$30 million, driven by timing of planned spend in china and usa.seeking to build inventory to more sustainable levels during fy18.  Full Article

a2 Milk Company says co continues to comply with continuous disclosure obligations‍​
Wednesday, 1 Nov 2017 12:00am EDT 

Nov 1 (Reuters) - A2 Milk Company Ltd :Confirms that co continues to comply with its continuous disclosure obligations‍​.  Full Article

A2 Milk Company says Synlait receives CFDA registration for co's infant formula
Wednesday, 27 Sep 2017 03:31pm EDT 

Sept 28 (Reuters) - A2 Milk Company Ltd :SML receives cfda registration for ATM's infant formula.Synlait received registration which will allow exports of A2 Milk Company Ltd's china label infant formula to China to continue.  Full Article

a2 Milk Company says FY net profit attributable NZ$90.6 mln
Tuesday, 22 Aug 2017 04:31pm EDT 

Aug 23 (Reuters) - A2 Milk Company Ltd ::FY revenue NZ$549.5 million, up 55.8 percent.The company does not propose to pay a dividend for the year ended 30 June 2017.FY net profit attributable NZ$90.6 million , up 197.8 percent."Company’s working capital outlook assumes an increase in infant formula inventory to more sustainable levels during the year".Expects continued growth in the 2018 financial year, in particular from infant formula and milk powder products in Australia and China.  Full Article

Australia shares rise on financials and materials; NZ up on a2 Milk

Feb 22 (Australian shares reversed losses seen earlier in the session to finish slightly firmer on Thursday, with financials and materials leading the gains as investors worked through a flood of earnings reports.