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Synlait Milk Ltd. ( (AU:SM1) ) has shared an announcement.
Synlait Milk Limited has reported an improved financial performance for the fiscal year ending July 31, 2025, expecting an underlying EBITDA of $100 to $110 million, a significant increase from the previous year. Despite facing manufacturing challenges at its Dunsandel facility, which have since been resolved, the company forecasts a reduced net loss after tax and maintains compliance with banking covenants. Synlait’s CEO, Richard Wyeth, expresses confidence in the company’s recovery and future success, highlighting its strong foundations and global demand for its products.
The most recent analyst rating on (AU:SM1) stock is a Sell with a A$0.44 price target. To see the full list of analyst forecasts on Synlait Milk Ltd. stock, see the AU:SM1 Stock Forecast page.
More about Synlait Milk Ltd.
Synlait Milk Limited operates in the dairy industry, focusing on the production of milk and milk-related products. The company is based in Canterbury, New Zealand, and is known for manufacturing complex dairy products that are in high demand globally.
Average Trading Volume: 18,595
Technical Sentiment Signal: Sell
Current Market Cap: A$347.9M
For a thorough assessment of SM1 stock, go to TipRanks’ Stock Analysis page.