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A2 Milk shares rally after Citi keeps ‘buy’ call – The Australian Financial Review

Rival Danone SA showed growth in its China baby formula business channels in the September quarter, which bodes well for a2 Milk….

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Historically this has been a highly profitable channel and it is a key channel for customer acquisition for foreign infant formula players, Mr Teeger said.
Danones Aptamil formula brand maintained strong market share, gaining ground in the China label channel….

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