Picture of Synlait Milk logo

SML Synlait Milk News Story

0.000.00%
nz flag iconLast trade - 00:00
Consumer DefensivesAdventurousSmall CapNeutral

NZ's Synlait sees higher earnings for the full year

July 30 (Reuters) - New Zealand's Synlait Milk SML.NZ said on Wednesday it expects an underlying earnings before interest, taxes, depreciation and amortization (EBITDA) in the range of NZ$100 million ($59.52 million) to NZ$110 million for the financial year ending 31 July.

The company reported an underlying EBITDA of NZ$45.2 million a year ago.

($1 = 1.6801 New Zealand dollars)

 (Reporting by Nichiket Sunil in Bengaluru; Editing by Leroy Leo)

 ((Nichiket.Sunil@thomsonreuters.com;))

Recent news on Synlait Milk

See all news