Displaying items by tag: Synlait

OPINION: The misery of a2 milk is being passed onto its New Zealand partners, including Canterbury processor Synlait.

Farmgate milk prices offered by processors continue to soar on the back of strong global demand for dairy products.

Canterbury milk processor Synlait has downgraded its earnings forecast.

A long-running legal battle between milk processor Synlait and New Zealand Industrial Park Limited over historic land covenants on a Pokeno processing site is over.

Is ice cream falling out of favour of major dairy companies in New Zealand?

Canterbury milk processor Synlait has reduced its 2019-20 forecast base milk price by 20c to $7.05/kgMS.

Synlait’s $112 million bid for South Canterbury dairy processor Dairyworks has been given the green light by the Overseas Investment Office.

Despite a decline in half-year profit, Synlait is assuring shareholders it will regain shareholder value. 

Independent milk processor Synlait says Covid-19 has so far had no impact on its financial performance, however the processor remains greatly concerned.

The coronavirus outbreak contributed to Synlait’s decision to issue a wider earnings guidance range.