In This Article:
Synlait Milk (NZSE:SML) First Half 2024 Results
Key Financial Results
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Revenue: NZ$652.9m (up 3.3% from 1H 2023).
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Net loss: NZ$70.0m (down from NZ$1.40m profit in 1H 2023).
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NZ$0.32 loss per share (down from NZ$0.006 profit in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Synlait Milk Earnings Insights
Looking ahead, revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Food industry in New Zealand.
Performance of the New Zealander Food industry.
The company's shares are down 17% from a week ago.
Risk Analysis
You should learn about the 3 warning signs we've spotted with Synlait Milk (including 1 which is a bit unpleasant).
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.