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Synlait Faces Steep Losses as North Island Asset Sale Resets Strategy
7:40am on Wednesday 4th of February, 2026 AEDT
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Consumer Staples
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Synlait Faces Steep Losses as North Island Asset Sale Resets Strategy
7:40am on Wednesday 4th of February, 2026 AEDT
Key Points
Expected HY26 underlying EBITDA between breakeven and $5 million
Reported EBITDA loss forecasted between $28 million and $33 million
North Island asset sale set for completion on 1 April 2026 to reduce debt
Operational challenges at Dunsandel resolved but impacted costs and margins
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