A2 Milk more than doubles annual net profit, sales rise 68%
A2 Milk is expecting to maintain similar profit margins in fiscal 2019.
Jenny Ruth
Wed, 22 Aug 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
A2 Milk more than doubled annual net profit as sales rose 68% and gross margins rose, helped along by higher infant formula sales and favourable currency movements.
The company reported a $195.7 million net profit for the year ended June, up from $90.6m the previous year.
Sales of the A2
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Jenny Ruth
Wed, 22 Aug 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
