‘Manufacturing challenges’ pull Synlait back into the red
The South Island milk processor updates the market on guidance for its full-year result.
The Synlait plant at Dunsandel.
Milk processor Synlait is forecasting a net loss of $27-$40 million for the year to July after “manufacturing challenges” at its Dunsandel plant.
In a statement to the NZX, Synlait said while it had signalled headwinds for the second half, “Synlait has had manufacturing challenges at its
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