A2 Milk shares surge on upgraded outlook
Carrie LaFrenzSenior reporter
Updated
The a2 Milk Company has upped its annual sales guidance after posting solid first half revenue and earnings growth, and assuring shareholders that key infant formula market China is showing signs of stabilising.
Its ASX-traded shares rocketed to a 10-month high, advancing more than 11 per cent to $5.64 on Monday.
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