Good post but don’t fully agree. Synlait has stated they will do 16000 MT for the first half of FY18. This compares to 35k for all of FY17. Roughly 80% of this will go to a2 based on the past customer breakdown. I don’t think anyone is expecting the actual % growth in sales to match last year because that was coming from a much lower number. The average analyst revenue estimate is for around 770m NZ and I am confident a2 will beat that significantly. Whilst you are correct that the supply will ramp up much more next half, this half will still show strong growth compared to 1H17 IMO.
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