Milk Class IV

Future

End-of-day quote CME 01:47:12 21/06/2024 am IST			5-day change	1st Jan Change
21.13 ^USc	-0.09%		-0.09%	+10.40%

14/06	Pasteurization may not clear bird flu virus from heavily infected milk	RE
12/06	MOVEMENT OF PEOPLE AND EQUIPMENT MAIN RISKS OF BIRD FLU SPREAD O…	RE

Synlait Milk sees FY earnings at lower end of guidance

June 03, 2024 at 04:57 am IST

June 3 (Reuters) - New Zealand's Synlait Milk said on Monday it now expects its full-year earnings to be at the lower end of its guidance and flagged that a significant majority of its farmer suppliers have submitted cessation notices.

The dairy milk producer still expects fiscal 2024 EBITDA to be between NZ$45 million ($27.7 million) and NZ$60 million, compared with NZ$90.7 million posted in fiscal 2023.

($1 = 1.6273 New Zealand dollars) (Reporting by Sherin Sunny in Bengaluru; Editing by Jacqueline Wong)

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
S&P GSCI CLASS III MILK (USD)	152.5 PTS	-3.60%	-1.03%	-
NONFAT DRY MILK FUTURE (GNF) - CMG/C1	117.8 USc	-0.57%	-0.28%	-
DRY WHEY FUTURE (DY) - CMG/C1	41.98 USD	-0.89%	-0.06%	-
MILK CLASS IV FUTURE (GDK) - CMG/C1	21.13 USc	-0.09%	-0.09%	-
MILK CLASS III FUTURE (DC) - CMG/C1	19.88 USD	-0.20%	+0.15%	-
SYNLAIT MILK LIMITED	0.29 NZD	+5.45%	-3.33%	38.85M

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