a2 Milk Company

The A2 Milk Company was founded in New Zealand based on a research discovery that different milk proteins affect people in a different way. The company now owns and licenses intellectual property enabling dairy farms to identify cattle suitable for the production of A2 milk.  

Popular branded A2 milk products such as liquid milk and infant formula are sold in NZ, Australia, USA, UK and China. The company has a track record of investing heavily in marketing and R&D to further brand position.

A2 Milk is dual listed and one of the largest companies on the NZX, with a market capitalisation of more than $10 billion in 2020. David Bortolussi was recently appointed CEO and will begin leading the company in early 2021.


Company Details

Registered Office: Level 10, 51 Shortland Street, Auckland 1010, New Zealand
Postal Address: PO Box 163, Shortland Street, Auckland 1010
Telephone: +64 9 977 5154
Facsimile: n/a
Website: www.thea2milkcompany.com
First Listed: 20/04/2004
Balance Date: 30 June
AGM: 18/11/2022

Directors and Executives

David Bortolussi
Chief Executive Officer and Managing Director
Warwick Every-Burns Independent Non-Executive Director
Pip Greenwood
Independent Non-Executive Director
David Hearn
Independent Non-Executive Director
Julia Hoare
Deputy Chairman
Jaron McVicar
Company Secretary
Mark Sherwin
Chief Financial Officer
David Wang
Independent Non-Executive Director
Sandra Yu
Independent Non-Executive Director

Announcements

Title Date Type
SPH Notice - Bennelong Funds Management Group Pty Ltd Mon, Feb 19 2024 08:30 am SHINTR
1H24 Results and Interim Report Mon, Feb 19 2024 08:30 am HALFYR
1H24 Results Call Notification Wed, Jan 17 2024 12:35 pm GENERAL
Notice of cessation of securities Mon, Jan 15 2024 11:18 am SECISSUE
SPH Notice - The Goldman Sachs Group, Inc. (“GSGI”) Tue, Jan 09 2024 08:44 am SHINTR
Response to Synlait’s market update announcement Fri, Dec 22 2023 08:42 am MKTUPDTE
Disclosure of relevant interests Tue, Dec 19 2023 11:27 am SHINTR
SPH Notice - Perpetual Limited and subsidiaries Mon, Dec 18 2023 08:42 am SHINTR
Capital Change Notice Fri, Dec 15 2023 01:06 pm SECISSUE
Disclosure of relevant interests Wed, Nov 29 2023 02:28 pm SHINTR

Major Holdings Announcements

Date Name No. Held % Current
07/06/22 BlackRock Inc. and related bodies c 37,092,941 - 4.99
19/05/22 BlackRock Inc 37,398,996 4.97 5.03
30/03/22 The Goldman Sachs Group, Inc. on be 35,207,250 5.54 4.73
03/02/22 UBS Group AG and its related bodies 37,106,399 6.35 4.99
07/12/21 UBS AG and its related bodies corpo 45,225,162 7.40 6.08
01/12/21 Macquarie Group Limited 35,650,226 5.11 4.79
01/12/21 Perpetual Limited 45,389,774 4.61 6.10
11/11/21 The Vanguard Group, Inc. 34,388,632 5.00 4.62
19/10/21 Mitsubishi UFJ Financial Group, Inc 35,833,781 5.36 4.82
14/10/21 The Goldman Sachs Group, Inc. (“GSG 45,062,198 4.90 6.06
28/09/21 Perpetual Limited and subsidiaries 37,687,348 - 5.07
02/08/21 Commonwealth Bank of Australia 37,038,921 5.02 4.98
08/06/21 Morgan Stanley and its Subsidiaries 33,300,187 5.12 4.48
20/04/21 Pendal Group Limited 37,145,476 5.17 5.00
22/11/19 Mitsubishi UFJ Financial Group, Inc 74,990,656 9.19 10.20
13/08/18 The Goldman Sachs Group, Inc. 37,082,791 - 5.08
31/10/17 Colonial First State Asset Manageme 39,108,953 6.38 5.35
28/09/17 Challenger Limited 36,372,739 5.51 4.98
28/08/17 Greencape Capital Pty Limited 35,548,215 6.04 4.87
20/06/17 Harbour Asset Management Limited 35,487,445 5.08 4.88
30/05/17 Westpac Banking Corporation 14,346,867 6.00 2.00
09/02/17 Colonial First State Investment Man 46,289,905 5.06 6.38

Director’s Interests Announcements

Date Name No. Held % Details Other
24/05/22 Mark Sherwin 16,800 - - -
25/02/22 David Landt Bortolussi 155,642 - - -
01/09/21 Race Strauss 15,101 - - -
15/03/21 Jaron McVicar 40,300 - - -
27/08/20 David Hearn 1,055,000 - - -
27/08/20 Geoffrey Howard Babidg 300,000 - - -
27/08/20 Shareef Yaseen Khan 400,000 - - -
26/11/19 Carla Jayne Hrdlicka 95,338 - - -
26/11/19 Craig Louttit 100,000 - - -
28/02/19 Peter Bruce Hinton 300,000 - - -
23/06/17 Jesse Wu 27,000 - - -
17/05/17 Richard Oram Le Grice 15,000 - - -
31/08/16 Peter Jerrold Nathan 400,353 0.06 - -
29/08/16 Warwick Every-Burns 100,000 0.01 - -

Analysts’ Forecasts

profit2021 profit2022 eps2021 dps2021 sales2021 ebit2021 ebitda2021
mean 151.3 21.0 .0 1,600.1 197.3 218.8
high 151.3 21.0 .0 1,600.1 197.3 218.8
low 151.3 21.0 .0 1,600.1 197.3 218.8
sample 1 0 1 1 1 1 1

Disclaimer

Data on this page is from BusinessDesk and NZX Ltd for information purposes only. Details are believed to be accurate but no warranty is given as to accuracy, timeliness, reliability or completeness. No person should rely on the contents of the report and all persons should obtain independent professional advice before acting on any information connected with or contained in this report.
Last Updated: 17/11/2022


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