FY23 revenue is now likely to increase to low double-digit growth compared to high single-digit growth previously (thanks largely to currency benefits), according to management at a2 Milk Co, in an AGM trading update. Management also stated it is on track to achieve its target to grow sales to US$2bn by FY26 and improve earnings margins over time. Morgans increases its forecasts and raises its target to $6.35 from $5.87. The Hold rating is retained due to regulatory risk and a full valuation, explains Morgans.
- Forums
- ASX - By Stock
- A2M
- Media Updates
Media Updates, page-12036
-
-
- There are more pages in this discussion • 2,759 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add A2M (ASX) to my watchlist
(20min delay)
|
|||||
Last
$5.90 |
Change
-0.090(1.50%) |
Mkt cap ! $4.271B |
Open | High | Low | Value | Volume |
$5.96 | $5.97 | $5.86 | $19.03M | 3.213M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4800 | $5.87 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.91 | 29913 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4800 | 5.870 |
7 | 15150 | 5.850 |
3 | 9768 | 5.840 |
2 | 55752 | 5.830 |
6 | 23455 | 5.820 |
Price($) | Vol. | No. |
---|---|---|
5.910 | 29913 | 3 |
5.920 | 24570 | 3 |
5.930 | 23959 | 2 |
5.990 | 4029 | 1 |
6.000 | 2395 | 5 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
LGP
Record revenue of $10.2 million as European demand drives 40% quarterly growth, with $1 million in operating cash inflow and $0.5 million in cost savings forecast
A2M (ASX) Chart |