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clock Created with Sketch. 19/02/24
07:58
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Originally posted by Investbest92:
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The a2 Milk Company’s Managing Director and CEO, David Bortolussi said: • “We continued to execute against our growth strategy, primarily focused on the China market which now represents approximately 80% of our total branded sales.” • “We grew our IMF sales in a market that was down double-digits with China label sales up significantly, and launched ournew GB registered China label IMF product which is progressing well.” • “After several years of COVID-19 related disruption and market decline, we are pleased that our a2 Platinum® sales andthe English label market have stabilised compared to 2H23.” • “ Beyond IMF, we are investing in growth in other nutritional products for kids, adults and seniors, and we are also pursuing growth in new markets.” • “As we continue to invest and grow, consumers are increasingly seeing the benefits of a2 Milk™, providing us with a platform to further expand our portfolio, with the launch of more new products expected later this year.”
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decent result. worst is over but can it sustain growth?
(20min delay)