Massive Result! 33% market share Australia,singles day sales tripled!

The best part from Agm is margin are much better than thought with 33% ebitda margins and npat being 23% margin! First 4 months npat was close to the whole second half 2018 profit! Singles day sales tripled and we ranked second. Australia formula share now 33% up from 32! China label sales up 75%!!!

Quoted below from report......
Australia continues to go from strength to strength. The fresh milk business continues to gain share of the category, with a record ~10% share2 of the total fresh milk category. a2 Platinum® infant formula remains the market leader with ~33% share up from ~32% share at the end of FY183. New products introduced at the end of FY18 continue to grow and gain momentum
- The momentum in China continues to build. Our multi-channel strategy to serve Chinese consumers continues in its development. In addition to strong performance across our well managed and sophisticated daigou network and our cross-border e-commerce platforms, The a2 Milk Company has also added distribution of another 2,000 stores in the Mother and Baby channel to a total now of 12,000 stores. Our Kantar consumption share of value has increased to 5.6%4 in the latest MAT data. We are particularly pleased to report that the China label infant formula sales embedded in these numbers has grown by over 75% on the same four months last year. And, we also recently achieved a record performance in the 11/11 sales festival with sales growth tripling over the prior year, a2 Platinum® ranked the number two brand in CBEC infant formula across four key e-commerce platforms and a2 Platinum® Stage 3 was the top selling product overall5.
- Progress in the US continues to build momentum. Our unique a2 MilkTM brand continues to deepen distribution and grow in brand strength. An additional 3,000 stores have been added to the network since the end of FY18 taking our store count to ~9,000. We have made significant investment in national brand advertising and it’s delivering pleasing increases in brand awareness and sales velocity through both new and established key accounts. Recent USA research data looks a lot like our experience with fresh milk in Australia. The a2 MilkTM brand in the USA is successfully growing category consumption, sourcing volume across multiple product segments and trading up consumers from conventional milk