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$34 – $35 million FY16 reported earnings forecast for Synlait

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Synlait Milk’s reported net profit after tax (NPAT) for FY16 is forecast to be in the range of $34 - $35 million. Underlying NPAT for FY16 is forecast to be in the range of $32 - $33 million¹. ...

Notice of date for Synlait’s FY16 annual results

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Synlait will announce their annual results for the financial year ending 31 July 2016 (FY16) on 19 September 2016.

Daniel Walraven

Media Enquiries

Synlait GM accepts next international role

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Michael Stein, Synlait’s General Manager Quality and Regulatory, has accepted the role of Quality and Food Safety Director, Asia Pacific, with Danone Nutricia Early Life Nutrition.

Synlait’s Senior Leadership Team evolves

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Synlait’s Senior Leadership Team is evolving with the appointment of a General Manager Business Development and changes to two other General Manager roles.

Synlait forecast milk price $4.50 kgMS next season

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Synlait Milk’s forecast milk price for the 2016 / 2017 season is $4.50 kgMS and will carry a higher than usual advance rate for milk suppliers.


Product Sales

Meet Our Milk Supply Team

Nutritional sales underpin half year underlying profit of $12.3 million

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Synlait has reported an underlying net profit after tax (NPAT) of $12.3 million for the first half of the 2016 financial year (HY16).

Growth attracts 28 new Canterbury milk suppliers

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Synlait now has 201 milk suppliers for 2016 / 2017 to meet forecast growth in their value-added nutritional product business.