NZ's a2 Milk lifts 2026 revenue outlook
Stronger infant formula sales drive upgraded forecast
New Zealand's a2 Milk on Thursday raised its revenue growth forecast for fiscal 2026, citing stronger performance in infant milk formula, among others, reported Reuters.
The dairy giant now expects low double-digit revenue growth in fiscal 2026, higher than its previous forecast of high single-digit growth.
The company also said it expects slightly higher net profit after tax than last year.