Latest Dairy Industry News

Synlait Milk Limited has completed a $350 million refinancing package with a strong banking syndicate, featuring amended financial covenants for FY26 and maintaining key shareholder support.

Bega Cheese Limited reported a robust FY2025 with a 23% rise in normalised EBITDA, driven by strong branded product growth and a turnaround in its Bulk segment. The company forecasts further gains in FY2026 with new product launches and operational efficiencies.

Bega Cheese Limited has announced a fully franked ordinary dividend of AUD 0.06 per share for the half-year ending June 2025, alongside a Dividend Reinvestment Plan offering shareholders a choice to reinvest without discount.

Bega Cheese Limited reported a mixed FY2025 with statutory revenue edging up to $3.54 billion but a statutory loss after tax of $8.5 million, offset by a strong normalised profit and a 50% dividend increase. The company is advancing manufacturing rationalisation and sustainability initiatives while expanding internationally.

The a2 Milk Company reported a robust 13.5% revenue increase and a 21.1% rise in net profit for the fiscal year ending June 2025, alongside healthy dividend declarations.

Synlait Milk Limited reports a significant financial turnaround for FY25 with expected underlying EBITDA doubling from the prior year, while overcoming manufacturing setbacks at its Dunsandel facility.

Australian Dairy Nutritionals Limited has reported a record-breaking quarter with total revenue soaring 119% year-on-year, driven by an 801% jump in nutritional powder sales and expanded distribution in China.

Bega Group is consolidating its Strathmerton cheese operations into its Ridge Street site by mid-2026, targeting significant cost savings and operational efficiencies.

The A2 Milk Company has announced its first-ever interim dividend of NZD 0.085 per share, signaling confidence in its financial position and commitment to shareholders.

The a2 Milk Company posted robust first-half FY25 results, lifting revenue by 10.1% and net profit by 7.6%, while introducing a dividend policy for the first time. Strong English label IMF sales and liquid milk growth underpin an upgraded full-year outlook.

The a2 Milk Company Limited has reported solid revenue and profit growth for the half-year ending December 2024, alongside a confident dividend declaration reflecting its strengthened financial position.

Contact Energy has secured a decade-long electricity supply agreement with Fonterra, delivering up to 415 GWh annually to the Whareroa dairy site, marking a significant step in the dairy sector’s decarbonisation journey.