ATM - A2 Milk Corporation Limited

[Newman]

India: Why the FSSAI has ordered removal of A1 and A2 claims from milk products
https://indianexpress.com/article/li...ctory-9528958/

[Newman]

https://www.afr.com/companies/manufa...0240813-p5k230

More immediately, a2 Milk chief executive David Bortolussi said the group faced higher freight costs to export into China after being caught short of available supply.

“The fourth quarter ended with less inventory than we would ideally like to have, and we’ve had some supply constraints from Synlait in July and August, which is being addressed now,” he said. “What has had a larger impact on us is the ability for Synlait to fulfil at the moment, which is impacting our stock availability, and will impact us for the next couple of months until we catch up our inventory levels in market.”

Mr Bortolussi said revenues this year would grow in the mid-single digits. This was lower than 9 per cent growth investors and brokers had been expecting.