Synlait Milk Expects Fiscal 2025 Net Loss to Narrow, Underlying Earnings to More Than Double

MT Newswires Live
07/30

Synlait Milk (ASX:SM1,NZE:SML) said it expects its fiscal 2025 net loss after tax to narrow to between NZ$27 million to NZ$40 million, compared with NZ$182.1 million a year earlier, according to a Wednesday filing with the New Zealand bourse.

The company sees underlying earnings before interest, taxes, depreciation and amortization for the year ended July 31 in the range of NZ$100 million to NZ$110 million, up from NZ$45.2 million last year.

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