Synlait Milk Ltd 2019 AR2
The report highlights Synlait's performance for the fiscal year 2019, during which revenue exceeded $1 billion for the first time, reaching $1,024.3 million. The company achieved a net profit after tax of $82.2 million, representing a 10% increase year-on-year. Key milestones included doubling lactoferrin capacity, commissioning New Zealand's first large-scale electrode boiler at Dunsandel, and completing the conditional acquisition of Talbot Forest Cheese. Synlait also advanced its sustainability strategy, reporting its first audited greenhouse gas inventory and expanding its Lead With Pride™ on-farm certification program.
Company: Synlait Milk Ltd
Sector: Manufacturing
Country: New Zealand
Year: 2019
Type: AR2
Pages: 65
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Synlait Milk Ltd
Annual Report
The report highlights Synlait's performance for the fiscal year 2019, during which revenue exceeded $1 billion for the first time, reaching $1,024.3 million. The company achieved a net profit after tax of $82.2 million, representing a 10% increase year-on-year. Key milestones included doubling lactoferrin capacity, commissioning New Zealand's first large-scale electrode boiler at Dunsandel, and completing the conditional acquisition of Talbot Forest Cheese. Synlait also advanced its sustainability strategy, reporting its first audited greenhouse gas inventory and expanding its Lead With Pride™ on-farm certification program.
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Document Details
Report Year
2019
Reporting Period
Aug 1, 2018 - Jul 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees