Infant formula growth spurred $43m capital raising, says A2 CEO
A2 says its infant formula business is growing faster than expected, which is why it needs more capital.
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A2 Milk [NZX: ATM] chief executive Geoff Babidge says the company's $43 million capital raising was spurred by infant formula sales in Australia and China being ahead of budget.
“The main issue around the capital raising pertains to the performance, certainly for the first two months of full-year
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Jenny Ruth
Thu, 08 Oct 2015
Thu, 08 Oct 2015
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Infant formula growth spurred $43m capital raising, says A2 CEO
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