The earnings call presented a mixed picture. While there were significant improvements in financial metrics, a record milk price, and a major asset sale to Abbott, challenges such as manufacturing issues at Dunsandel and a net loss after tax cannot be overlooked. The sentiment is largely positive due to the successful asset sale and improved cash flow, but awareness of ongoing operational challenges is necessary.
Company Guidance
During Synlait Milk's Full Year 2025 Results Call, the company announced a binding conditional agreement to sell its North Island assets to Abbott for USD 178 million (approximately NZD 307 million), with completion targeted for April 1, 2026. This sale, subject to shareholder approval and regulatory consents, will enable Synlait to reduce its debt significantly, with a goal of being largely debt-free by the end of FY '26. Synlait reported a total group EBITDA of $50.7 million, an increase of $54.8 million from FY '24, and a net loss after tax of $39.8 million, reflecting a 78% year-on-year improvement. The company's total revenue rose to a record $1.8 billion, up 12%, with group revenue increasing notably due to broad-based growth across its business segments. Operational cash flow surged by 451% to $165.5 million, while gross profit reached $105.3 million. Synlait's debt level decreased by 55% during FY '25, with net debt now at $250.7 million. The final milk price for the 2024-2025 season was a record $10.16 per kilo of milk solids, supplemented by Synlait's incentive program and secured milk premiums for South Island farmers.
North Island Asset Sale to Abbott
Synlait entered into a binding conditional agreement to sell its North Island assets to Abbott for USD 178 million (NZD 307 million). The sale will help Synlait become largely debt-free by the end of FY '26.
Improved Financial Performance
Group EBITDA improved by $54.8 million, with total revenue increasing by 12% to $1.8 billion. Operating cash flow increased by 451% to $165.5 million.
Advanced Nutrition Segment Growth
Strong customer demand led to a $21.1 million increase in underlying gross profit in the Advanced Nutrition segment.
Record Milk Price
Synlait confirmed a record final milk price for the 2024/2025 season at $10.16 per kilo of milk solids.
Dairyworks Performance
The Consumer and Foodservice segment achieved a $9.3 million increase in gross margin. Dairyworks saw a 53% growth in cheese export volumes.
Synlait Milk Ltd. (AU:SM1) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AU:SM1 Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Mar 27, 2023
AU$2.24
AU$2.18
-2.68%
Sep 27, 2022
AU$3.17
AU$3.03
-4.42%
Mar 31, 2022
AU$2.98
AU$3.15
+5.70%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Synlait Milk Ltd. (AU:SM1) report earnings?
Synlait Milk Ltd. (AU:SM1) is schdueled to report earning on Mar 25, 2026, After Close (Confirmed).
What is Synlait Milk Ltd. (AU:SM1) earnings time?
Synlait Milk Ltd. (AU:SM1) earnings time is at Mar 25, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.