The a2 Milk Company is a publicly listed company that specialises in milk products that are free of the A1 beta-casein protein. Shares in The a2 Milk Company are listed on both the New Zealand Stock Exchange (NZX) and the Australian Securities Exchange (ASX).
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The a2 Milk Company was founded by Dr. Corran McLachlan in 2000. The company focuses on providing milk products that do not contain the A1 beta-casein protein — regular milk contains both A1 and A2 proteins.
Headquartered in Auckland, the company was listed on the NZX main board in 2012 and on the ASX in 2015. It also partnered with the Fonterra dairy co-operative in 2018 to take advantage of Fonterra’s milk production, sales and distribution capabilities.
Products from The a2 Milk are available in New Zealand and in a number of international markets, including Australia, the USA, Canada and China. The company also features in the NZX50 and ASX200 stock indexes.
The a2Milk Company released its annual results for the 2020 financial year in August 2020. The company enjoyed a 32.8% revenue increase to $1.73 billion, while EBITDA increased by 32.9% to almost $550 million.
The company also reported a net profit after tax of $385.8 million, which was a 34.1% increase, and strong growth in its infant nutrition range in China.
|Name||The a2 Milk Company Limited||Industry||Packaged Foods|
|Type||Ordinary shares||Date listed on NZX||20 Apr 2004|
|End of financial year||June||Chief executive officer||Geoffrey Babidge|
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