Markets

The hot Australian brands at Alibaba’s Single’s Day shopping frenzy

Alibaba Group generated RMB213.5 Billion ($A42 billion) of sales during the 2018 Single’s Day sale. Australian brand Swisse ranked number one imported brand. Sales of Australian lamb increased 775%. Australian brands Swisse and Bio Island, both with vitamin supplement products, ranked in the top 10 imported products sold during Alibaba’s […]
The hot Australian brands at Alibaba’s Single’s Day shopping frenzy
Markets

a2 Milk shares have taken off again

Shares in a2 Milk surged after the infant formula maker released a trading update forecasting further growth for its products in China and the US. A short time ago, its shares were up 7.4% to $9.70. The company says revenue for the first three months of the financial year are […]
a2 Milk shares have taken off again
Markets

Synlait has doubled profit on the back of china and infant formula sales

Synlait, which supplies a2 Milk’s infant formula for China, posted a full year net after tax profit of $NZ74.6 million, almost double last year’s $NZ39.5 million. The company says an increase in infant formula sales helped to drive the result. Revenue was $NZ879 million, up 15.8%. Its partnership with a2 […]
Synlait has doubled profit on the back of china and infant formula sales
Markets

a2 Milk is about to post a 68% lift in full year revenue

Unaudited numbers for a2 Milk Company show a 68% increase in 2018 full year revenue to $NZ922 million. And the infant formula maker, whose products are in high demand in China, says further growth is expected in 2019. The company plans to spend more on marketing win Australia and China, […]
a2 Milk is about to post a 68% lift in full year revenue
Markets

a2 Milk shares surge after a new infant formula deal with Synlait

Shares in a2 Milk Company surged after announcing an extension and increase to its supply deal with Synlait, the New Zealand-based infant formula company. A short time ago, they were up 4.7% to $10.86. a2 Milk was the ASX’s best performing stock in 2017-18 with an annual gain of 179.79%. […]
a2 Milk shares surge after a new infant formula deal with Synlait
Markets

Shares in Synlait Milk are surging

Shares in Synlait Milk jumped after the New Zealand-based infant formula company posted strong revenue growth numbers for the latest half year. A short time ago, the shares were up 12.8% to $8.59. Revenue lifted 52% to $NZ439.3 million and profit jumped 283% to $NZ40.6 million for the six months […]
Shares in Synlait Milk are surging
Markets

a2 Milk Company smashes its profit and its shares go nuts

a2 Milk Company, the infant formula maker a2 Milk whose sales have been booming in China, today posted a 150% jump in profit to $98.5 million for the first half. Revenue was up 70% to $434 million on strong growth in sales of the a2 Platinum infant formula in Australia […]
a2 Milk Company smashes its profit and its shares go nuts
Markets

Blackmores and a2 Milk shares soar

Shares a2 Milk and Blackmores jumped after organic infant formula maker Bellamy’s lifted its profit guidance on better sales prospects in China. a2 Milk and Blackmores both sell in China. At the close, vitamin maker Blackmores was up 6.1% to $159.11 and infant formula maker a2 Milk 6.4% to $$7.42. […]
Blackmores and a2 Milk shares soar
Markets

A former Jetstar CEO is taking over as head of a2 Milk

Jayne Hrdlicka, a former CEO of the Jetstar, has been appointed CEO of infant formula maker a2 Milk whose sales have been booming in China. She takes over at the start of the 2019 financial year from Geoffrey Babidge who is retiring after 10 years in the role. Hrdlicka said: […]
A former Jetstar CEO is taking over as head of a2 Milk
Markets

a2 Milk sales jump again, its shares surge

Shares in a2 Milk jumped after the infant formula maker released a trading update showing strong sales for the first four months of the financial year. A short time ago, the shares were up 4.5% to $A7.39. At the company’s AGM, a2 Milk told shareholders revenue was up 68.9% to […]
a2 Milk sales jump again, its shares surge
Markets

a2 Milk shares are surging

Shares in a2 Milk jumped after the infant formula maker re-affirmed its outlook for strong growth. A short time ago the shares were up 3.7% to $5.50. The company, in a presentation to the annual CLSA Investors’ Forum in Hong Kong, forecasts continued strong growth in infant formula and milk […]
a2 Milk shares are surging
Markets

a2 Milk’s profit has tripled but watch out for China

a2 Milk’s annual profit jumped 198% to $NZ90.65 million ($A83.4 million) on booming sales in both China and Australia. And the company says it’s working on meeting new rules in China requiring infant formula brands to be registered by January 2018. Sales and earnings in China more than doubled to […]
a2 Milk’s profit has tripled but watch out for China
Markets

a2 Milk has upped its profit guidance on strong infant formula sales

The a2 Milk Company, reporting continuing strong sales of its infant formula in China and Australia, today revised higher its annual forecasts. The company, which makes a2 Platinum infant formula, says revenue is now forecast to be $NZ545 million ($A518 million) for the 2017 financial year, a rise of $NZ20 […]
a2 Milk has upped its profit guidance on strong infant formula sales
Markets

Infant formula shares are on a tear

Sales of Australian infant formula to the booming China market appear to be back on track. The share price of infant formula making companies surged on reports that China has delayed stricter cross-border e-commerce regulations. A short time ago, Blackmores was up 16% to $117.35, Bellamy’s 10% to $4.21 and […]
Infant formula shares are on a tear