A2 upgrades profit forecast; insulated from Chinese infant formula regulatory crackdown
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.
Jenny Ruth
Thu, 16 Jun 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
A2 Milk [NZX: ATM ] doesn’t appear to be as vulnerable to a crackdown on infant formula imports into China as some investors had feared.
A2 has upgraded its profit forecast for the year ending this month four times in the past year and now expects to report earnings before interest, tax,
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Jenny Ruth
Thu, 16 Jun 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.