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The a2 Milk Company Limited (ASX:A2M)

ALERT: Price-sensitive ASX Announcement for A2M
Current share price for A2M : $6.710 -1.81 (-21.24%)+
Announcement
Release
16 Feb 2026 7:30AM
Price at Release
$8.520
Full Release
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Summary
The a2 Milk Company Limited reported robust financial performance for the first half of the financial year 2026 (1H26), with significant growth across key financial metrics. Revenue increased by 18.8% to NZ$993.5 million, driven by strong performance in all segments, especially in the USA with a 29.0% rise. EBITDA rose by 18.4% to NZ$155.0 million, with an underlying margin improvement to 16.6%. Net profit after tax (NPAT) grew by 9.4% to NZ$112.1 million. The company declared an interim dividend of 11.5 cents per share and raised its FY26 revenue growth guidance to mid double-digit percentages, aiming for NZ$2 billion in sales by FY26, a year ahead of schedule. The growth strategy focuses on expanding its Infant Milk Formula (IMF) and other nutritional products, and optimizing supply chain efficiencies through strategic acquisitions and partnerships.
Key Points
  • Revenue increased by 18.8% to NZ$993.5 million.
  • China & Other Asia segment revenue up 20.3%, ANZ up 8.6%, USA up 29.0%.
  • EBITDA increased by 18.4% to NZ$155.0 million.
  • Net profit after tax (NPAT) grew by 9.4% to NZ$112.1 million.
  • Interim dividend declared at 11.5 cents per share.
  • Forecast for FY26 revenue growth increased to mid double-digit percentages.
  • Expansion strategy includes a focus on the China IMF market and new nutritional products.
  • Acquisitions and supply chain transformations to drive profitability.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.