Business
I think the A2 Milk share price is a buy – Motley Fool Australia
I think that the A2 Milk Company Ltd (ASX:A2M) share price is a buy after reporting its FY20 result to the share market today.
I believe that the A2 Milk Company Ltd (ASX: A2M) share price is a buy after the infant formula company reported its FY20 result.
The highlights
There were a number of impressive financial numbers reported by the company.
Total revenue increased by 32.8% to NZ$1.73 billion. Earnings before interest, tax, depreciation and amortisation (EBITDA) increased by 32.9% to NZ$549.7 million.
Net profit after tax (NPAT) rose by 34.1% to NZ$385.8 million with operating cash flow of $427.4 million.
The …
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