Key facts
- a2 Milk reported a 44% fall in full-year profit.
- The company's full-year profit reached NZ$113.6 million.
- The profit result missed market expectations.
- a2 Milk forecasts weak annual earnings.
- The company forecasts mid-single-digit revenue growth for fiscal 2027.
- Supply chain disruptions are cited as the reason for the weak forecast.
New Zealand-based a2 Milk has reported a substantial 44% decrease in its full-year profit, a figure that landed at NZ$113.6 million. This result failed to meet the expectations set by the market. Looking ahead, the company has issued a forecast for weak annual earnings. Furthermore, a2 Milk anticipates only mid-single-digit revenue growth for the fiscal year 2027. The primary reason cited for this cautious outlook is the persistent impact of supply chain disruptions on the company's operations. These disruptions have evidently created significant headwinds for a2 Milk over the past year, leading to the profit decline and a subdued growth forecast.