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A2 shares tank on slower growth warning

CEO David Bortolussi says the market shouldn’t be surprised by today’s guidance.

Guidance was for a further double-digit decline in China infant milk formula market value in 2024.

Shares in The A2 Milk Company have fallen more than 12% after guidance for 2024 revenue and earnings growth came in well below market expectations in the face of very challenging market conditions in China.

But A2 chief executive David Bortolussi said nobody in the market should be surprised by the

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A2 shares tank on slower growth warning
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