NZ's a2 Milk eyes best day in nearly 6 yrs on maiden interim dividend, growth forecast raise

The a2 Milk

21/11/2024 21:51

** Shares of a2 Milk  ATM.NZ  up 22.2% at NZ$6.515, on track
for their best session since late Feb. 2018, if current trends
hold
    ** Stock hits highest level since Oct. 24
    ** The dairy giant expects to declare its first ever interim
dividend in Feb. 2025 
    ** Co raises revenue growth forecast for fiscal 2025 due to
higher global dairy prices and strong product sales
    ** Stock up 41.6% YTD, including today's moves

 (Reporting by Sherin Sunny in Bengaluru)
 ((Sherin.Sunny@thomsonreuters.com))