a2 Milk Co. (ASX:A2M, NZE:ATM) reported Monday fiscal first-half earnings from continuing operations of NZ$0.1538 per share, up from NZ$0.1409 a year earlier.
Analysts polled by FactSet expected earnings of NZ$0.14.
Revenue from continuing operations for the six months ended Dec. 31, 2025, was NZ$993.5 million, compared with NZ$836.5 million a year earlier. Analysts surveyed by FactSet expected NZ$973 million.
The company expects fiscal 2026 revenue growth to increase from low double-digit percent to mid double-digit percent, with an improved earnings before interest, taxes, depreciation, and amortization margin projected to be around 16%.
The board declared an interim dividend of NZ$0.115 per share, up from NZ$0.085 a year earlier, payable April 2 to shareholders on record as of March 20.