Investors took a dim view of A2 Milk’s results, even though the company beat its own frequently upgraded guidance. With special feature audio.
An infant formula business which collapsed this year owing more than $600,000 had had its “platinum” brand challenged by a2 Milk months before it went under.
After complaining since last year about other Australian brands trying to pass them off as being the same as A2 Milk's products, the milk company has launched legal action against Kirin-owned Lion Group.
A2 Milk’s fourth profit upgrade in a year appears to lay to rest concerns about the impact of a Chinese crackdown. With special feature audio.