A2 Milk on track to hit $2 billion in revenue
7 Articles
7 Articles
A2 Milk Company Rides High on Double-digit Growth in China, US Markets: A Peek Inside the Success Story
read the original version on: www.retailnews.asia The A2 Milk Company has announced robust sales growth in the double digits for the first half of the fiscal year. This growth has been driven largely by the company’s strong performance in both the China and US markets. Revenue for the six-month period ending December 31 grew by 18.8% to reach NZ$993.5 million ($845 […] The post A2 Milk Company Rides High on Double-digit Growth in China, US Marke…
Strong China, US performance powers A2 Milk’s double-digit sales growth
The A2 Milk Company has reported double-digit sales growth for the fiscal first half, driven by strong performance in the China and US markets. Revenue for the six months ended December 31 rose 18.8 per cent to NZ$993.5 million ($845 million), with growth recorded across all segments and product categories. The China & other Asia segment saw sales increase 20.3 per cent, led by English label Infant Milk Formula (IMF) and other nutritionals growt…
A2 Milk Nears 52-Week High
A2 Milk shares are approaching a 52-week high after the infant formula and dairy business reported a strong first half and subsequently upgraded its full-year outlook, driven by robust demand in China. A2 Milk is known for its A2 protein-based milk products, which it markets as easier to digest than conventional milk. The company focuses on infant formula and fresh milk products. First-half net profit reached $NZ112 million ($96 million), surpas…
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