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Australian Dairy Nutritionals Group ( (AU:AHF) ) has provided an update.
Australian Dairy Nutritionals Limited (AHF) has entered into a manufacturing agreement with Sprout Organic Pty Ltd to produce intermediate and fortified milk formula base powder. This partnership aligns with Sprout Organic’s strategy to source plant-based powder for its infant formula products from a quality Australian manufacturer. While the agreement is not immediately financially significant, it presents a growth opportunity for both companies, enhancing AHF’s strategic positioning in the infant formula market.
More about Australian Dairy Nutritionals Group
Australian Dairy Nutritionals Group (AHF) is a vertically integrated Australian dairy company that owns high-quality organic and organic A2 protein dairy farms, along with a processing facility in Southwestern Victoria, known as the ‘Golden Triangle’ of Australia’s dairy industry. The Group produces the Ocean Road Dairies Organic A2 protein infant formula range, which is Australia’s first Organic A2 protein infant formula made with farm-fresh Australian milk from its organic dairy farms.
YTD Price Performance: -46.05%
Average Trading Volume: 546,153
Technical Sentiment Signal: Hold
Current Market Cap: A$30.48M
For a thorough assessment of AHF stock, go to TipRanks’ Stock Analysis page.