A2M News, Analysis, Announcements & Results | The a2 Milk Company Limited | AFR

  • Executive shake-up

A2 milk CEO David Bortolussi has tapped his former colleague David Muscat as his new CFO.

a2 Milk CFO resigns after 2.5 years

David Muscat has been tapped as the baby formula group new CFO after Race Strauss resigned two and-a-half years into the job.

  • May 17, 2022
  • Carrie LaFrenz

March

  • Baby formula

Bubs founder Kristy Carr says the group now has product across all key premium segments of the infant formula market with the launch of its a2 beta-casein protein product.

Bubs nipping at rival with its own a2 infant formula

The launch of Bubs Supreme allows the company to tap into the global A2 beta-casein protein milk market which is tipped to reach $US2.6 billion ($3.52 billion) by 2026.

  • Mar 22, 2022
  • Carrie LaFrenz

February

  • Earnings season

A2 Milk boss David Bortolussi.

A2 Milk sees return to sales growth, ramps up marketing spend

Shares raced ahead by 11 per cent after the swift action taken to deal with excess infant milk formula inventory appeared to be paying off.

  • Feb 21, 2022
  • Carrie LaFrenz
  • Bulls & bears

CEO David Bortolussi will present a2 Milk’s first half 2022 results on Monday.

A2 Milk faces headwinds from China ahead of interim results

The company had an incredible growth story, but its steep fall from grace last year has split the market over its prospects for recovery.

  • Feb 20, 2022
  • Carrie LaFrenz

December 2021

  • Sharemarket

The ASX dogs could be poised for a rebound in 2021.

From darlings to the doghouse: the worst stocks of 2021

Appen, Kogan.com, A2 Milk and Nuix were among the top 10 worst performing companies on the ASX this year. But, for some, the stage could be set for a rebound.

  • Dec 23, 2021
  • William McInnes

November 2021

  • Class action

A2 Milk is facing two class action claims.

A2 Milk faces second class action claim

Shine Lawyers has filed a claim in the Supreme Court of Victoria against the baby formula and fresh milk maker with similar allegations to those in the first claim by Slater and Gordon.

  • Nov 24, 2021
  • Carrie LaFrenz
  • AGM season

The a2 Milk Company chairman David Hearn, at the 2019 AGM.

a2 Milk chairman says executive bonuses strike ‘right balance’

David Hearn said the board took great care when considering to pay out 30 per cent of the 2021 short term incentive payments, despite the disappointing financial results and major share price slide.

  • Updated

    Nov 17, 2021

  • Carrie LaFrenz
  • Online shopping

Maggie Zhou, Australia and New Zealand managing director for Chinese e-commerce company Alibaba Group said local products such as coffee and whiskey are new popular items for Chinese consumers.

Aussie brands still popular in Single’s Day sale

Categories such as mother and baby and health supplements always sell well, but emerging popular items include Australian coffee and whisky.

  • Nov 12, 2021
  • Carrie LaFrenz

Advertisement

  • Sharemarket

Josh Clark

What this short-seller saw in Nuix that the bulls missed

Josh Clark’s long-short fund has returned 30.9 per cent since inception in 2019. QVG shorted glamour float Nuix long before the herd cottoned on to its problems.

  • Nov 3, 2021
  • Tom Richardson

October 2021

  • Opinion
  • Chanticleer

China is keen to lift its birth rate and stoke population growth.

A2 Milk has the same China problem as Evergrande

A2 Milk’s problems show that China’s slowing birth rate, and broader problem with population growth, are hitting demand for products across the economy of that nation.

  • Oct 27, 2021
  • James Thomson
  • Baby formula

A2 Milk CEO David Bortolussi is aiming to get to $NZ2 billion in sales over the medium term.

China warning cuts $630m off a2 Milk value

The stock fell 11.9 per cent to $6.01 after the CEO warned there are many uncertainties about the outlook, including the China birth rate.

  • Updated

    Oct 27, 2021

  • Carrie LaFrenz
  • Baby formula

The dairy division of Bega Cheese includes brands such as Pura milk.

China’s infant formula golden days are gone, says Bega

Bega chairman Barry Irvin says the buyout of Lion’s dairy and flavoured milk business in late 2020 has been a “bargain purchase”.

  • Updated

    Oct 26, 2021

  • Simon Evans
  • Sharemarket

Gary Hui

A2 short-seller reveals secret art to ASX profits

Hedge fund manager Gary Hui bet heavily against a2 Milk in November 2020 and has another ASX business focused on e-commerce in his sights.

  • Oct 25, 2021
  • Tom Richardson