Market close: Strong a2 Milk result drives sharemarket higher

SBS News

Lean Left

Factuality

Ownership

CEO SERIES: David Bortolussi, A2 Milk Company & should RBA cut by 35bps?

Rhayna Bosch speaks with The a2 Milk Company CEO David Bortolussi about the company's latest profit and changing demographics in China, plus SBS Finance Editor Ricardo Gonçalves previews tomorrow's RBA meeting on interest rates with David Bassanese from Betashares and Luke McMillan from Ophir Asset Management.

NZ Herald

Center

Factuality

Ownership

Market close: Strong a2 Milk result drives sharemarket higher

Global marketer a2 Milk exceeded half-year earnings forecasts, produced its first-ever dividend and led the New Zealand sharemarket to a gain of more than...

fool.com.au

Factuality

Ownership

Why A2 Milk, HMC Capital, Hub24, and Judo shares are surging today

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a disappointing decline. At the time of writing, the benchmark index is down 0.5% to 8,493.8 points. Four ASX shares that are not letting that hold them back today are listed below. Here's why they are surging: A2 Milk Company Ltd (ASX: A2M) The A2 Milk share price is up a further 2.5% to $7.30. Investors have been buying this infant formula company's shares since the r…

Inside FMCG

Factuality

Ownership

US, China fuel A2 Milk's first-half success

A2 Milk’s net profit rose in the first half, thanks to its strong growth in China and other Asia and US segments. The company’s net profit grew 7.6 per cent to $91.7 million as revenue increased 10.1 per cent to $893.8 million. China and other Asia segment revenue jumped 11.8 per cent while US revenue improved 13.2 per cent. Australia and New Zealand revenue, however, slid 2.7 per cent due to a further decline in the Daigou channel. Sales from A…

foodnavigator-asia.com

Factuality

Ownership

This issue of Focus on Australia and New Zealand includes features on the top ten Oceania stories of 2024, Binggrae’s Australian business priorities, the a2 Milk Company expanding its business in China and more.