Key points
- Revenue up 10.1% to NZ$893.8 million
- Profit after tax up 7.6% to NZ$91.7 million
- Interim dividend of NZ$0.085 per share declared
Full summary
The a2 Milk Company Limited has reported its financial results for the six months ended 31 December 2024. The company has reported a 10.1% increase in revenue to NZ$893.8 million and a 7.6% increase in profit after tax to NZ$91.7 million. The company's performance was driven by strong growth in its China and Other Asia segment, where revenue increased by 11.8% to NZ$614.2 million. The company's Australia and New Zealand segment also performed well, with revenue increasing by 3.4% to NZ$157.7 million. The company's USA segment saw revenue increase by 13.2% to NZ$64.5 million, while the Mataura Valley Milk segment reported revenue of NZ$57.4 million. The company has declared an interim dividend of NZ$0.085 per share, to be paid on 4 April 2025 to shareholders on the record date of 21 March 2025.
Guidance
The company has not provided any high-importance, price-sensitive forward-looking financial metrics in the announcement.