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.
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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