ASX Announcements
Market Sensitive
Synlait appoints seasoned dairy executive as new CEO
CEO/Managing Director – Appointment Resignation
Synlait HY25 results date and conference call details
Notification of Results/Reporting Date
Lapse of performance share rights
Issued Capital - Other
Market Sensitive
Return to profitability with HY25 guidance provided
Periodic Reports - Other, Notification of Results/Reporting Date, Progress Report
Announcement Synlait increases forecast milk price
Periodic Reports - Other, Progress Report
June 2024
The a2 Milk Co’s main supplier Synlait needs China rescue package
China’s Bright Dairy is lending $NZ130m to the dual-listed company, in which a2 Milk Co has a 19.8 per cent stake and relies on for infant formula supply.
November 2023
Bids roll in for Synlait’s Dairyworks; debt levels spark concern
The asset is likely to be acquired by one of the smaller strategic buyers, with the likes of Bega understood to have swerved the auction.
September 2023
ASX drops ahead of Fed meeting, tech and energy slump
Energy stocks found little joy from higher oil prices on Monday. A2 Milk retreated as its spat with Synlait escalated.
A2 Milk and Synlait infant formula feud worsens
a2 Milk wants to take more control of its supply chain, but its 20 per cent-owned infant formula supplier Synlait is annoyed at a move to up-end exclusivity.
April 2023
A2 Milk fumes over partner Synlait’s profit downgrade
The infant formula group said it was “surprised” by the size of a profit downgrade at its contract supplier, Synlait, which revealed its own profit downgrade.
February 2023
A2 Milk bets on China birth rate recovery
China’s population is expected to shrink further through 2023 before stabilising and rising again.
May 2021
Synlait Milk says banks have its back after plunge into red
A2 woes rub off on New Zealand-based Synlait as it warns of full-year loss and more shipping delays.
January 2021
ASX dips 0.7pc; Tyro says ‘limited’ merchants affected
The sharemarket fell as big miners retreated on weaker iron ore prices. Fortescue tumbles 6 per cent. Reliance jumped more than 6 per cent on upbeat guidance. Eagers eyes $209 million full year profit. Temple & Webster, AMA slammed.
November 2020
Synlait Milk in $NZ180m placement to repay debt, capex
Dairy processer Synlait Milk has kicked off a $NZ180 million placement via stockbroker Jarden.
Synlait Milk shares pop, readies raising
Dairy processor Synlait Milk cut trading in its shares short on Monday ahead of a capital raising.
November 2019
a2 Milk jumps as CEO signals creamier margins
The shares bounced as CEO Jayne Hrdlicka said improved price yield, lower costs and foreign exchange benefits are giving the infant formula group a lift.