A2M 1.67% $6.70 the a2 milk company limited

Ann: The a2 Milk Company announces Capital Raising, page-27

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    From this announcement the CEO states:

    "The performance of the ANZ and China and other Asia businesses during the first two months of FY16 was ahead of budget and the most recent guidance and outlook commentary. As recently advised, infant formula is emerging as a more significant and meaningful growth driver for the Company than expected, with a current focus on sales in ANZ and in China. a2MC is experiencing significant growth in sales of infant formula into the ANZ market as well as direct and indirect sales into China. In addition to the growth in infant formula, the prospects for growth of a2 Milk™ branded whole milk powder are also encouraging. This performance is pleasing from a financial perspective, and also reflects the broadening distribution of the a2 Platinum® brand within the ANZ and China markets."
 
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