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Synlait Milk Ltd. ( (AU:SM1) ) has shared an update.
Synlait Milk Limited has announced a return to profitability for the six months ending January 31, 2025, with expected EBITDA between $58 million and $63 million. The company is enhancing financial commitments to secure milk supply in the South Island by offering new premiums to suppliers, reflecting confidence in their market leadership and future growth.
More about Synlait Milk Ltd.
Synlait Milk Limited is a company in New Zealand’s dairy industry, focusing on milk production and advanced nutrition products. The company collaborates with South Island farmers to provide significant value for their milk supply.
YTD Price Performance: -3.95%
Average Trading Volume: 29,165
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$226M
For an in-depth examination of SM1 stock, go to TipRanks’ Stock Analysis page.
