0035 GMT - Higher freight and logistics costs experienced by A2 Milk will likely continue into FY 2027, says Morgans. Still, the infant milk formula supplier's profit growth should accelerate in FY 2027, analyst Belinda Moore says. That's because its supply chain investment should ensure it breaks even in terms of Ebitda, compared to a large loss before. "In addition, we forecast A2 Milk to continue to win market share, benefit from new product launches and the scaling of new regions," Morgans says. It upgrades A2 Milk to accumulate, from hold, after the stock was sold off in the wake of yesterday's downgrade to FY 2026 profit and revenue guidance. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

April 13, 2026 20:35 ET (00:35 GMT)

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