What was a2 Milk's first-half financial performance?

a2 Milk reported a 9.4% increase in first-half earnings, reaching NZ$112.1 million.

How has a2 Milk's revenue guidance changed?

The company has upgraded its full-year revenue forecast to a mid double-digit percentage increase, previously low double-digit.

What is driving a2 Milk's growth in China?

Growth in China is driven by infant formula sales, boosted by an anticipated recovery in birth rates and government policies.

Home / Business and Economy / A2 Milk Surges on China Sales Boost

A2 Milk Surges on China Sales Boost

16 Feb

•

Summary

First-half earnings rose 9.4% to NZ$112.1 million.
Revenue increased 19% to NZ$993 million, with upgraded guidance.
China infant formula sales grew, driven by birth rate recovery.

New Zealand-based infant formula distributor a2 Milk reported a substantial increase in first-half earnings, a rise of 9.4% to NZ$112.1 million. The company also announced an upgraded full-year revenue forecast, projecting a mid double-digit percentage increase, up from previous low double-digit expectations.

This positive outlook positions a2 Milk to achieve its NZ$2 billion medium-term sales ambition in FY26, a year ahead of schedule. CEO David Bortolussi highlighted that infant milk formula remains central to their growth strategy and continues to outperform the China market. Sales in China saw significant growth, partly attributed to an anticipated recovery in birth rates following a dip in 2025, supported by government policies encouraging births.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.