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Matt Montgomerie: Forsyth Barr Senior Analyst on A2's profit increase, purchase of the Pokeno plant
Manage episode 501074982 series 2098280
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Another dairy sector shake-up.
Infant formula and dairy company a2 Milk is buying the Yashili plant in Pokeno and selling its majority stake in the Mataura Valley plant in Gore to Open Country Dairy.
A2 Milk's announcement comes as it reports a 21% rise in profit, off the back of a 9.3% rise in revenue.
Forsyth Barr Senior Analyst Matt Montgomerie told Ryan Bridge a2 has stood out over the last couple of years, consistently exceeding expectations despite operating in a relatively tough formula market in China.
He says the decision to acquire the plant in Pokeno is quite a big step in continuing that growth pathway.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
4318 episodes
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Manage episode 501074982 series 2098280
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Another dairy sector shake-up.
Infant formula and dairy company a2 Milk is buying the Yashili plant in Pokeno and selling its majority stake in the Mataura Valley plant in Gore to Open Country Dairy.
A2 Milk's announcement comes as it reports a 21% rise in profit, off the back of a 9.3% rise in revenue.
Forsyth Barr Senior Analyst Matt Montgomerie told Ryan Bridge a2 has stood out over the last couple of years, consistently exceeding expectations despite operating in a relatively tough formula market in China.
He says the decision to acquire the plant in Pokeno is quite a big step in continuing that growth pathway.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
4318 episodes
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Similar to Early Edition with Ryan Bridge
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continue reading
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…
continue reading
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…
continue reading
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…
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continue reading
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…
continue reading
The UK Column is an independent news organisation analysing the information war. Operating without financial backing or external investment, we remain free from advertisers, foundations, and political parties, relying solely on support from our audience through memberships and donations.
…
continue reading
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continue reading
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continue reading
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