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A2 Milk faces headwinds from China ahead of interim results

Carrie LaFrenz
Carrie LaFrenzSenior reporter

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The a2 Milk Company will look to put the negative events of 2021 behind it and update the market on the progress of a major strategy overhaul flagged last year when it presents its interim results on Monday. 

The company had an incredible growth story, but its steep fall from grace last year has split the market over its prospects for recovery. Full-year sales in 2021 fell 30 per cent, underlying earnings plunged 76 per cent, and net profit tumbled 77 per cent.

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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com

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    Original URL: https://www.afr.com/companies/manufacturing/a2-milk-faces-headwinds-from-china-ahead-of-interim-results-20220218-p59xp9