A2 shares caned after Bellamy’s shocking downgrade
Bellamy's Australia revealing problems with infant formula in China's infant formula market dragged A2 Milk shares sharply lower
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A2 Milk shares fell nearly 12% on Friday after its Australian competitor in the infant formula market, Bellamy’s, reported a shocking sales downgrade.
Bellamy’s says its sales in the six months ending this month will be about $A120 million after disappointing sales on Singles Day in China and
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Jenny Ruth
Mon, 05 Dec 2016
Mon, 05 Dec 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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A2 shares caned after Bellamy’s shocking downgrade
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