A2 Milk's net profit rose 7.7% to $172M, driven by strong China performance in a declining market.

A2 Milk's net profit increased by 7.7% to $172M, driven by China's strong performance amidst a 10.7% decline in the overall Chinese formula market. The company achieved a top five position in China's infant formula market, with revenue growth expectations of mid-single digits and similar ebitda margin to 2024.

August 18, 2024
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