Business
Where to next for the A2 Milk (ASX:A2M) share price?

It seems like the A2 Milk Company Ltd (ASX: A2M) share price has been left out to spoil. The last 9 months have been devastating for the company, as pantry destocking and weak China-related sales have seen its growth turn backwards. The A2 Milk share price has followed suit, falling close to 50% across the same period.
Here’s a look at A2’s recent half-year results, and what broker Bell Potter thinks could be in store for the company’s share price.
A2 Milk’s recent performance
A2 Milk’s half-year results weren’t pretty. The company’s growth metrics across the board went backwards in an alarming double-digit fashion. Revenue, operating earnings before interest, taxes, depreciation, and amortisation (EBITDA) and…
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