A2 Milk declares maiden dividend
Revenue and profit grows at infant formula marketer, but no news on deployment of $1b cash balance.
Sales of Chinese label and English label formula grew in China in the six months to December.
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Infant formula marketer A2 Milk has declared its first ever dividend in a first-half result featuring 10% revenue growth and a cash balance expanding to $1.04 billion.
The company also upgraded its guidance for the full-year result to low to mid double-digit revenue growth and a slightly improved
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