Synlait Milk - FY24 Result — A Challenging Year
Synlait Milk (SML) reported a challenged FY24 result. Reported NPAT loss was -NZ$182m, including a NZ$115m impairment of its North Island assets,...
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Synlait Milk - NZ$218m Equity Raise
Synlait Milk (SML) has announced a ~NZ$218m equity raise, primarily to repay its retail bonds (NZ$180m) which are due to mature on 17 December 2024.
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Synlait Milk - Your Turn Next, ATM
Synlait Milk's (SML) notice of shareholder meeting gave further details on the proposed NZ$130m shareholder loan from Bright Dairy (BD).
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Synlait Milk - Bright Provides Life Support
Synlait Milk’s (SML) largest shareholder, Bright Dairy (39% ownership), has decided to provide a short-term NZ$130m loan, enabling Synlait to repay...
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Synlait Milk - 1H24 Result — Push Comes to Shove
Profitability is under significant pressure, transparency on key drivers remains low and the balance sheet remains an area of significant concern.
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