A2 milk December-half revenue will fall to between $725mn – $775mn, down from $807 million in the first half of 2020, and full-year revenues will likely be in the range of $1.8bn – $1.9bn, compared with revenues of $1.73 billion in 2020.
The guidance implies full-year EBITDA between $560mn and $590mn, which is up from the $550mn in 2020, but below prior consensus forecasts of $660mn.
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$11.50 to $14.50 provides an accumulation range for A2 Milk.
