New Zealand's Synlait Milk jumps on securing sufficient future supply

Synlait Milk

03/04/2025 01:06

** Shares of Synlait Milk SML.NZ rise as much as 8% to NZ$0.81, their highest level since March 25

** Nutrition firm says it has sufficient milk volumes for FY26 and FY27

** Says significant majority of cease notices issued to co have now been withdrawn

** Stock set for strongest trading session since February 18, if gains hold

 (Reporting by Sneha Kumar in Bengaluru)

 ((Sneha.kumar@thomsonreuters.com;))