Lets do the Hokey Pockey by Poking Hokey!

Congratulations to EVERYONE who stuck in there! and please refrain from posting guestimations on SP figures as it's simply annoying. Amazing profit forecasts, great China developments and reasonably good news from US and UK!

Here's a recap:

• Accordingly, the full year forecast has been revised upward with Group revenue in the range of $335 million to $350 million and Group operating EBITDA forecast to be in the range of $45 million to $49 million. THAT'S A WHOPPING 30% INCREASE FROM LAST ESTIMATE AND ONLY EXPECT IT TO CONTINUE TO GROW!

• a2 Platinum® has been the fastest growing infant formula brand in the Australian market in the last four quarterly periods. The brand achieved a 16.7% grocery/pharmacy scan market share for the 13 weeks ending 20 December 2015 by value with two products ranked in the category’s top five

• CHINA NEWS - Following a number of years of establishment and investment, the China business performed well ahead of plan, and returned a positive EBITDA for the first time. The new arrangements whereby a2MC assumed responsibility for direct sales and distribution together with an expansion of our local Shanghai team have been positive for the business. We have implemented a multiproduct, multi-channel strategy to achieve growth in both China label and cross-border ANZ label infant formula, with a strong focus on e-commerce channels and MBS. We also commenced building sales in a2 Milk™ branded whole milk powder. Our Shanghai based team has been broadened beyond marketing and health care professional capabilities to include sales management and e-commerce.With our new sales management capability we have increased our bricks and mortar distribution network to over a thousand MBS stores served by 32 distributors, with particular strength in East and West China and with further growth planned in the second half. To assist building this network, a2 Platinum® was showcased at the annual Children Baby Mother Expo (CBME) in Shanghai in July 2015. In October we entered into an exclusive distributor agreement for five key provinces in China with DKSH (China) Co., Ltd, a well credentialed distributor in key Asian markets.

• UK NEWS - The UK business is on track to achieve monthly breakeven by year end, owing to the revised business model involving the repositioning of our fresh milk offering into the premium specialty milk segment, along with a broadening of the product portfolio. We continue to explore opportunities to more quickly build scale in this relatively small business. We are pleased with the support from our customers with ranging in four of the top five retailers. Distribution grew to around 1,200 stores during the half and our selling team is highly focused on building rate of sale in each customer account.

• US NEWS - . Following presentations to the final remaining major retailer group in California during December, we expect to achieve retail weighted distribution across the state of over 85% during February. This retail coverage is ahead of our original plan.