Synlait warns of HY profit pressure
Delayed sales affects cash flow, plus ongoing supply chain and rampant inflation struggles.
Synlait CEO Grant Watson.
Dairy producer Synlait has warned its half-year net profit will be affected by multiple headwinds.
The company told the NZX this morning that delayed shipments of ingredient products would result in lower sales volumes of about 45%, in the six months to end of January.
It said there was reduced milk
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