Synlait Milk Ltd. Returns to Profitability in First Half of 2025

An announcement from Synlait Milk Ltd. ( (AU:SM1) ) is now available.

Synlait Milk Ltd. has reported a return to profitability for the first half of the fiscal year ending January 31, 2025, with a total group EBITDA slightly above the guidance range at $63.1 million. This marks a significant commercial achievement, especially considering the company’s position a year ago. The improvement is attributed to an equity placement with major shareholders and a strategic focus on cost, quality, and yield, alongside efforts to secure future milk supply and accelerate new business development.

More about Synlait Milk Ltd.

Synlait Milk Ltd. operates in the dairy industry, focusing on the production and supply of milk and related products. The company is known for its emphasis on quality and yield, securing milk supply in Canterbury, and rebuilding trust and confidence among farmers.

YTD Price Performance: 137.66%

Average Trading Volume: 106,921

Technical Sentiment Signal: Sell

Current Market Cap: A$556M

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