NZSE:ATMFood
A Look At A2 Milk (NZSE:ATM) Valuation After Outlook Cut On Supply Chain Disruptions
a2 Milk (NZSE:ATM) cut its revenue and profit outlook after supply chain problems, including Synlait production issues, shipment delays linked to the Iran conflict, global recalls, and higher freight costs, disrupted infant formula availability in China.
See our latest analysis for a2 Milk.
The supply chain guidance cut and the recent class action settlement news have coincided with clear selling pressure, with a2 Milk’s share price down 18.7% over 7 days and 19.7% over 30 days, even though...