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Primary Industries
2 mins to read

Perfect storm: Synlait plots path back to profitabilty

The $80.6m first-half loss is a real blow to management, who are determined to target revenue and margin growth.

Synlait today released its ‘Stabilise, Simplify and Scale’ recovery strategy.

Jonathan Mitchell Mon, 23 Mar 2026
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Key points
  • Revenue up 4% to $949m.
  • Loss of $80.6m, compared with a $4.8m profit previously.
  • Main takeaway: Synlait has delivered a hefty loss but has also released a plan back towards profit and growth. 

Dairy company Synlait assumes the worst is over and has plotted a path back towards profitability with an essential recovery plan.

The listed firm today reported a loss in the six months ended January 31 of $80.6 million, compared with a $4.8m profit last year.

Revenue gained 4% to $949m, while its

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Jonathan Mitchell Mon, 23 Mar 2026
Contact the Writer: jmitchell@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Tags
New Zealand dairy Synlait Richard Wyeth George Adams

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Company profile
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Related News
Investment
1

Synlait warns of up to $82m half year loss
General Business

Out of Office Reply: George Adams
Market Outlook

Dairy, Synlait deal, again in the mix as market takes a breather
Investment

Synlait announces $307m sale of Pokeno plant

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Key points
  • Revenue up 4% to $949m.
  • Loss of $80.6m, compared with a $4.8m profit previously.
  • Main takeaway: Synlait has delivered a hefty loss but has also released a plan back towards profit and growth. 
Company profile
Powered by: nzx logo
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
Related News
Investment
1

Synlait warns of up to $82m half year loss
General Business

Out of Office Reply: George Adams
Market Outlook

Dairy, Synlait deal, again in the mix as market takes a breather
Investment

Synlait announces $307m sale of Pokeno plant
Perfect storm: Synlait plots path back to profitabilty
Primary Industries,Investment,
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