Wednesday, 14 March 2018 12:56

Milk is biggest

Written by 

A2 Milk company may not be as well known as Fonterra but it can now claim title to being New Zealand’s biggest listed company (by market capitalisation).

A2 Milk shares last week jumped to $12.56, valuing a2 Company at $9.1 billion, toppling Auckland International Airport at $7.75b, Fisher & Paykel Healthcare at $7.37b and Meridian Energy at $7.29b.

Fonterra, which has a market capitalisation of $9.5b on NZX despite not being a public company, recently joined forces with a2 to process and market infant formula and other products.

Featured

Big return on a small investment

Managing director of Woolover Ltd, David Brown, has put a lot of effort into verifying what seems intuitive, that keeping newborn stock's core temperature stable pays dividends by helping them realise their full genetic potential.

Editorial: Sensible move

OPINION: The Government's decision to rule out changes to Fringe Benefit Tax (FBT) that would cost every farmer thousands of dollars annually, is sensible.

National

Machinery & Products

» Latest Print Issues Online

Milking It

Cuddling cows

OPINION: Years of floods and low food prices have driven a dairy farm in England's northeast to stop milking its…

Bikinis in cowshed

OPINION: An animal activist organisation is calling for an investigation into the use of dairy cows in sexuallly explicit content…

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter