Synlait

Synlait Milk is a dairy manufacturer who is focused on supplying higher value dairy products to milk-based health and nutrition companies. The company owns and operates the large Dunsandel manufacturing plant which processes more than 700 million litres of milk a year.

Synlait also owns consumer packing facilities capable of producing 64,000 tonnes of finished product a year.

The company employs 700 people and has been led by CEO, Leon Clement since 2018. Synlait is dual

Company Details

Registered Office: 1028 Heslerton Road, Rakaia 7783, Private Bag 806, Ashburton 7740

Postal Address: 1028 Heslerton Road, Rakaia 7783, Private Bag 806, Ashburton 7740

Telephone: +64-3-373-3000

Facsimile: n/a

Website: www.synlait.com

First Listed: 23/07/2013

Balance Date: 31 July

AGM: 02/12/2022

Directors and Executives

Min Chen

Director

Paul McGilvary

Independent Director

Dr Gui Min

Director

John Penno

Director

Ruth Richardson

Director

Simon Robertson

Chair

Rob Stowell

Chief Financial Officer

Paul Washer

Director

Grant Watson

Chief Executive Officer

Sihang Yang

Director

Announcements

Title	Date	Type
Synlait FY24 guidance withdrawal	Wed, Jul 17 2024 08:30 am	MKTUPDTE
SML – Trading to resume at 3:26pm	Thu, Jul 11 2024 03:15 pm	HALT
Synlait Special Shareholders’ Meeting Poll Results	Thu, Jul 11 2024 03:11 pm	MEETING
Synlait Special Shareholders’ Meeting 2024 Presentation	Thu, Jul 11 2024 01:31 pm	MEETING
SML – Trading Halt of Securities	Thu, Jul 11 2024 01:30 pm	HALT
SML receives update on a2MC voting intention	Thu, Jul 11 2024 08:31 am	MEETING
SML – Trading Halt of Securities During Special Meeting	Wed, Jul 10 2024 05:05 pm	HALT
Special Shareholders’ Meeting – The a2 Milk Company voting	Mon, Jul 08 2024 08:30 am	MEETING
Banking amendment and waiver documentation signed	Wed, Jul 03 2024 08:30 am	MKTUPDTE
Executive Leadership Team changes	Mon, Jul 01 2024 09:30 am	MKTUPDTE

Major Holdings Announcements

Date	Name	No. Held	%	Current
01/12/22	FIL Limited and entities	10,918,989	5.03	5.00
23/03/20	The a2 Milk Company Limited, The a2	35,574,646	17.39	19.84
10/08/18	Mitsui & Co., Ltd	179,223	8.38	0.10
22/08/17	BT Investment Management Limited	8,950,000	5.66	4.99
30/05/17	Westpac Banking Corporation	199,822	6.77	0.11

Director’s Interests Announcements

Date	Name	No. Held	%	Details	Other
07/12/20	Willem Roest	30,495	-	-	-
07/12/20	John Penno	5,109,803	-	-	-
07/12/20	Graeme Roderick Milne	82,556	-	-	-
07/12/20	Simon Robertson	13,324	-	-	-
14/10/19	N Greenwood	90,710	-	-	-
17/10/16	The Hon Ruth Richardson	56,222	0.03	-	-
17/10/16	Sam Knowles	55,000	0.03	-	-

Analysts’ Forecasts

	profit2021	profit2022	eps2021	dps2021	sales2021	ebit2021	ebitda2021
mean	-.1	.0	.0	1,562.2	39.0	96.4
high	-.1	.0	.0	1,562.2	39.0	96.4
low	-.1	.0	.0	1,562.2	39.0	96.4
sample	1	0	1	1	1	1	1

Disclaimer

Data on this page is from BusinessDesk and NZX Ltd for information purposes only. Details are believed to be accurate but no warranty is given as to accuracy, timeliness, reliability or completeness. No person should rely on the contents of the report and all persons should obtain independent professional advice before acting on any information connected with or contained in this report.

Last Updated: 27/04/2023