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No contact from Synlait on capital raise, says A2 Milk CEO

Shares in infant formula marketer soar on first-half result as A2 Milk eases worries on Synlait supply.

A2 Milk has grown its sales in China amid a declining overall market.

Tim Hunter Mon, 19 Feb 2024

A2 Milk’s troubled infant formula supplier Synlait has not been in touch about a possible capital raise, chief executive David Bortolussi told analysts on a conference call this morning.

Amid plaudits on the company’s first-half performance, analysts also raised concerns about the potential

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Tim Hunter Mon, 19 Feb 2024
Contact the Writer: thunter@nbr.co.nz
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No contact from Synlait on capital raise, says A2 Milk CEO
Investment,
102773
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