Synutra International

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Dairy firm Les Maitres Laitiers du Cotentin suspends contract with Synutra

3 Sep 2018

France-based dairy cooperative Les Maîtres Laitiers du Cotentin (MLC) has suspended supplies to Chinese infant formula manufacturer Synutra due to what it says were "non-respect" of terms under the contract.

Sodiaal confirms talks to buy part of Synutra infant-formula plant

29 Aug 2018

French dairy group Sodiaal is in discussions with Synutra to acquire part of the Chinese infant formula maker's activities at its production plant in Brittany.

Synutra earnings hit by higher costs 

10 Feb 2017

Synutra reported lower earnings for the first nine months of the year, as higher costs and lower sales weighed on the infant formula group's operating profit. 

Synutra CEO strikes deal to take company private

21 Nov 2016

Chinese infant formula maker Synutra has confirmed it has entered into a definitive merger agreement for a "going private transaction".

Chinese infant formula firm Synutra cuts FY profit forecast

10 Aug 2016

Synutra, the Chinese, US-listed infant formula producer, has lowered its forecast for annual profits amid a delay to a project in France, weak global raw-milk prices and the impact of exchange rates.

Synutra forecasts annual profits to rebound

13 Jun 2016

Synutra International, the Chinese infant formula producer, has forecast a rise in annual profits in its new financial year after seeing earnings slide in the year to the end of March.

Synutra to build UHT milk plant in France

13 Apr 2016

Chinese infant formula manufacturer Synutra has announced plans to invest in building a UHT plant at its site in the French town of Carhaix.

Sodiaal's Candia to make UHT milk for China's Synutra

13 Apr 2016

Sodiaal, the French dairy co-operative, is to manufacture UHT milk to be sold in China under the local brands of infant formula group Synutra.

Synutra CEO wants to go private 

18 Jan 2016

Chinese infant formula maker Synutra has received a preliminary proposal from chairman and CEO Liang Zhang to take the company private by acquiring all outstanding stock for US$5.91 a share. 

Synutra warns on FY sales and profit forecasts

10 Nov 2015

Synutra, the US-listed Chinese infant formula producer, has warned its revenue and net income forecasts will be "difficult to achieve" due to lower sales in its core business, foreign exchange losses and promotional costs.

Food industry news of the week - Russia and GMOs, US and waste, France compote raid

25 Sep 2015

Russia this week reportedly ruled out the use of GMOs in its food production, a further stiffening of its position on the issue. In the US, meanwhile, the Obama administration announced plans to halve food waste in 15 years. And, among a series of stories out of France, came news of raids from the country's competition watchdog on compote manufacturers.

French dairy Les Maîtres Laitiers du Cotentin to build plant to supply China's Synutra

24 Sep 2015

Les Maîtres Laitiers du Cotentin (MLC) has signed a contract to supply Chinese infant formula firm Synutra International that will see the French dairy build a production plant in Normandy.

Food industry results in brief - Snyder's-Lance, Thai Union, SunOpta

14 Aug 2015

This week's results included an upbeat US snack group Snyder's-Lance reporting higher second-quarter sales and profits, improved half-year revenue and earnings at seafood giant Thai Union and declines at an acquisitive SunOpta.

Food industry results in brief - Vion, DMK, First Milk

19 Jun 2015

Challenging conditions in the global dairy sector were again confirmed when both First Milk and DMK reported lower earnings. European meat firm Vion, however, insisted that its results were "improved" on 2014 despite racking up losses in the period. Here are the results in brief for this week.

Synutra earnings rise on sales, productivity

10 Feb 2015

Chinese infant formula maker Synutra International booked an increase in earnings during the first nine months of its financial year, driven by sales gains and improved efficiency.

Synutra lifts full-year outlook as H1 income jumps 50%

11 Nov 2014

Synutra International, the Chinese infant formula manufacturer, has raised its full-year outlook having registered an increase in income from operations of more than 50% in the first half of the year.

China formula group Synutra raises earnings forecast on Q2 gains

10 Oct 2014

Chinese infant formula group Synutra has raised its full-year earnings forecast after witnessing sales growth of "at least" 50% in the second quarter.

CHINA: Synutra Q1 profits lifted by higher formula prices

11 Aug 2014

Chinese infant formula manufacturer Synutra has reported a jump in first-quarter profits, helped by higher selling prices and boosted by proceeds from a plant disposal.

CHINA: Synutra expands sales network as infant formula consolidates

17 Jun 2014

Chinese infant nutrition firm Synutra International has been able to capitalise on the Beijing's production licence initiative, picking up distribution where other companies fail to gain a permit to manufacture.

CHINA: Synutra growing volumes through marketing

13 May 2014

Chinese infant formula company Synutra International attributed sequential growth in shipment volumes to increased marketing efforts.

CHINA: Synutra books Q2 loss, lowers outlook

12 Nov 2012

Chinese infant formula group Synutra International has lowered its full-year outlook for a second time, having booked a second-quarter loss.

Editor's choice: the highlights on just-food this week

24 Sep 2012

This week's coverage on just-food had the World Retail Congress at its centre. The event, held in London, heard Tesco CEO Philip Clarke say retailers should look to "mass personalisation". It also gave us the chance to interview India's Future Group on the country's reforms to allow more foreign investment into its retail sector.

FRANCE: Sodiaal, Synutra sign investment deal

17 Sep 2012

French dairy co-operative Sodiaal has signed a partnership deal with Chinese infant formula firm Synutra for the construction of a milk-drying facility in France.

US/CHINA: Synutra International trims FY guidance on slow Q1

10 Aug 2012

China-focused infant formula firm Synutra International has cut its full-year sales and profit guidance following a weaker-than-expected first quarter.

CHINA: Infant formula firm Synutra swings to FY profit

15 Jun 2012

Chinese infant formula firm Synutra returned to profitability in its last financial year as it recovered from the impact of a food safety scandal in the previous 12 months.

CHINA: Tests prove no link to infant deaths - Synutra

13 Jan 2012

Chinese infant formula maker Synutra International said today (13 January) that government tests proved its products were not linked to the death of a child.

CHINA: Synutra CFO Yang resigns

30 Aug 2011

Chinese infant formula manufacturer Synutra International has announced the resignation of CFO Donghao Yang.

CHINA: Synutra books Q1 loss

10 Aug 2011

Chinese infant formula manufacturer Synutra has posted a first-quarter loss as a decision to stop selling industrial milk powder hit sales.

CHINA: Synutra FY losses widen

15 Jun 2011

Chinese infant formula manufacturer Synutra saw losses widen during the 2011 fiscal year, as it was hit by a food safety scandal earlier in the year.

Editor's choice: the highlights on just-food this week

18 Feb 2011

Yet more 2010 financial results this week but, with the likes of Nestle, Danone and Dean Foods reporting, the market was keen to hear how some of the largest manufacturers on both sides of the Atlantic were dealing with the fragile economic recovery and with soaring commodity costs. In the retail sector, just-food took a look at Germany's grocery sector and we analysed why Nelson Peltz's Trian fund has tabled a US$7bn takeover bid for US retailer Family Dollar Stores. Click on the headlines to find out more.

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