A2M 0.90% $5.48 the a2 milk company limited

Media Updates, page-11790

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    It is basically an interview with Forsyth Barr about their expectations for the result.

    The headline is a bit misleading as FB does not even offer any speculation as to what they might or should do with the $700M.

    They expect a mixed result with strong China label sales but some pressure on English label sales.

    Was useful to read the market consensus (below) as a kind of benchmark for Monday. But as the article and just about everyone else notes, it is probably more the forward guidance and balance sheet utilisation (if any!) that will matter most.

    Market consensus

    In Monday's result, the consensus of market expectations is for revenue of $1.3956 billion in the year, up from $1.206b in the 2021 year.
    Market expectations are for Ebitda of $185.8m, up from $133.8m, and an underlying profit of $115.1m (from $91.0m).
 
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