The A2 Milk Company Tickety-Boo
The a2 Milk Company’s (ATM) AGM update was positive (revenue guidance range lifted from high single-digit growth to low double-digit growth),...
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The A2 Milk Company Moomentum
Overall, we remain positive on the earnings outlook for ATM (FY26–FY29 EPS CAGR of ~+14%), but current valuation levels are unsustainable.
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The A2 Milk Company - The Milk Has Frothed Over
We estimate the current share price implies long-term China Infant Formula (IF) market share of ~13% versus our FY26 estimate of ~7%, with our...
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The A2 Milk Company FY25 Result—Milking The Margin
ATM will acquire 100% of Yashili NZ for NZ$282m and has divested Mataura Valley Milk (MVM) for NZ$100m. We view this as strategically and...
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The A2 Milk Company FY25 Preview—A Smoother Ride?
The a2 Milk Company’s (ATM) share price tends to be highly volatile on result days—positively and negatively—but we are hopeful this time is...
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