Brief: The A2 Milk Says Trading, Supply Chain And Outlook Update

A2 Milk

12/04/2026 21:41

April 13 (Reuters) - A2 Milk ATM.NZ:

TRADING, SUPPLY CHAIN AND OUTLOOK UPDATE

EXPERIENCING TEMPORARY IN-MARKET PRODUCT AVAILABILITY ISSUES PRIMARILY IN RELATION TO SHORTFALLS OF CHINA LABEL IMF PRODUCT

ENGLISH LABEL IMF PRODUCT IS NOT EXPECTED TO BE AS SIGNIFICANTLY IMPACTED

SEES FY26 LOWER IMF SALES, MOSTLY RELATED TO CHINA LABEL SALES

SEES A DELAY IN CASH RECEIPTS INTO FY27 DUE TO LATER TIMING OF IMF SALES IN 4Q26

FY26 OUTLOOK: REVENUE GROWTH LOW TO MID DOUBLE-DIGIT, EBITDA MARGIN 14.0%-14.5%, NPAT SIMILAR TO DOWN ON FY25

SEES 2026  INTEREST INCOME TO BE LOWER

FY26 CAPITAL EXPENDITURE EXPECTED TO BE NZ$60-NZ$80 MILLION

Further company coverage: ATM.NZ

 ((Reuters.Briefs@thomsonreuters.com;))