US lacks ‘realistic earnings potential’ for A2 Milk, says Forbar
Analysts see limited opportunity for A2 in US, despite opportunity from emergency infant formula imports.
A2 Milk managing director David Bortolussi.
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The US market is unlikely to generate meaningful earnings for infant formula marketer A2 Milk, say analysts at Forsyth Barr, despite the extension of a government programme allowing special market access.
A2 Milk said in November last year it had won approval from the US Food & Drug Administration
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