Synlait Milk
Synlait shares tumble on profit warning
New Zealand dairy company Synlait has slashed its 2023 profit outlook following weak demand, as well as high supply chain…
A2 Milk Co. “surprised” at Synlait Milk profit warning
A2 Milk Co. has insisted there is “no material change” to its full-year outlook after a profit warning from supplier…
Synlait may have to change guidance, halts shares
A trading halt has been placed on Synlait Milk’s shares after the New Zealand dairy and infant-formula group cautioned it…
New Zealand’s Synlait Milk issues first-half profit warning
Synlait Milk has issued a profit warning for the New Zealand dairy and infant-formula firm’s half-year results. Without providing a…
Synlait outlines new strategy as dairy group returns to the black
New Zealand dairy and infant-formula firm Synlait has announced a new strategy initiative as it returns to profitability. In an…
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Synlait confirms FY loss, names new CEO
Synlait Milk has named ex-Fonterra executive Grant Watson its new CEO, as the New Zealand-based dairy and infant-formula supplier looks…
Synlait proposing large-scale job cuts as part of revamp
New Zealand-based dairy and infant-formula maker Synlait Milk has revealed plans to lay off 15% of its workforce - around…
Synlait forecasts annual loss
The company, which also owns branded businesses Dairyworks and Talbot Cheese, has told the market it sees itself making a…
Synlait Milk announces CEO Leon Clement’s departure
Synlait Milk said Leon Clement has tendered his resignation as chief executive of the New Zealand-based dairy and infant-formula manufacturer…
Synlait Milk kicks off capital-raising exercise amid outlook for lower profits
Synlait Milk has kicked off a NZD200m (US$137.5m) capital-raising exercise to support investment plans for the New Zealand-based dairy and…