Looking specifically at the US market, we're told of sales growth being 30% from 2H 2019 to 1H20 (21-27m), and with this trend continuing we can expect around $62m for the full year.
With the focus shifting to in-store sales growth and the natural expansion in distribution footprint it's fair to expect this trend to continue into FY21 giving us over $100m in revenue in the US. The year after is when most analysts are projecting break-even, (and $150m+ in revenue) but it wouldn't bother me if A2 decided to ramp it up even more and focus on gaining market share. With the failure of Dean Foods, this gives me the impression the industry is in dire need of a shake-up.
We haven't even introduced IF into the market yet just in fresh milk and I think coffee creamers. After they introduce new products there, and with big investment continuing for the next 3-5 years we are potentially looking at the US being our largest market by revenue faster than we think.
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