A2M 0.00% $6.85 the a2 milk company limited

Chart Update, page-6506

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    Broadly in line with first half does not require an update. This could mean revenue could grow by 15% above first half and they still would not have to report beforehand. The only issue that they would need to prior report would be if margins were materially different to 31% to 32%. If they were 33% to 34% that would be O.K. or if they were 29% to 30% but their track record is if its lower by any factor they tend to update before. So there is not numerical target on revenue they have to hit. What happens then is the consensus of all the analysts emerge as the target. The last time A2 reported an update was when there revenue was not going to hit analysts consensus, not any number they had put out there. So why I am saying possible 100m above consensus of 1251 is for three reasons the analysts haven't taken into account

    store distribution growth in China and the US in the second six months
    change in the distribution mix of IF between HK China and Australia
    significant distribution growth in the US
 
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