Business
a2 Milk (ASX:A2M) share price on watch after AGM update // Motley Fool Australia
The A2 Milk Company Ltd (ASX: A2M) share price will be in focus today after the release of its annual general meeting presentation.
What was in a2 Milk Company’s presentation?
A2 Milk Company’s presentation provided investors with a summary on its performance in FY 2020, its future plans, and a trading update for the new financial year.
In respect to FY 2020, in case you missed it, a2 Milk Company was a very strong performer during the last financial year.
It delivered a 32.8% increase in total revenue to NZ$1.73 billion and a 32.9% lift in earnings before interest, tax, depreciation and amortisation (EBITDA) of NZ$549.7 million.
This strong result was underpinned by its infant nutrition sales, which were up 33.8% to NZ$1.42…
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