Synlait withdraws earnings guidance
Operating profit for the year to July 31 affected by ‘unforeseen timing differences’, says milk processor.
Synlait’s main processing plant is at Dunsandel.
Debt-stricken milk processor Synlait has withdrawn earnings guidance issued six weeks ago for the year to July saying its results have been affected by “unforeseen year-end timing differences”.
In a statement to the NZX, Synlait said it now expected earnings before interest, tax, depreciation
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