Latest Dairy Sector News

TasFoods Ltd has secured shareholder approval to sell its Pyengana Dairy business and to execute a selective buy-back of nearly 50 million shares, marking a pivotal moment in its strategic reshaping.

GrainCorp reported a 12.3% revenue increase to $7.31 billion in FY25, alongside record grain volumes and growth in Animal Nutrition, despite a 35% drop in statutory net profit. The company declared a fully franked 24-cent final dividend and advanced key sustainability initiatives.

Terragen Holdings expands its probiotic product range into beef and lamb feedlots, secures key international approvals, and progresses large-scale trials while maintaining a $3 million cash reserve.

Synlait Milk Limited reports a modest profit turnaround in FY25 and announces a major sale of its North Island assets to Abbott, aiming to reduce debt and sharpen its focus on core operations.

Bubs Australia has appointed Paul Jensen as its new Independent Chair and Joe Coote as Managing Director and CEO, signaling a fresh leadership chapter for the infant formula and dairy company.

Lindsay Australia Limited reported a resilient FY25 with revenue up 5.6% to $849.8 million and underlying EBITDA of $81.4 million, despite margin pressures from competitive pricing and rising costs. The company successfully integrated the SRT acquisition, expanding its national refrigerated logistics network.

Bega Cheese Limited has announced a fully franked ordinary dividend of AUD 0.06 per share for the half-year ending June 2025, alongside a Dividend Reinvestment Plan offering shareholders a choice to reinvest without discount.

The A2 Milk Company has announced a fully franked ordinary dividend of NZD 0.115 per share for the six months ending June 2025, payable in October with flexible currency options for shareholders.

The a2 Milk Company reported a robust 13.5% revenue increase and a 21.1% rise in net profit for the fiscal year ending June 2025, alongside healthy dividend declarations.

Bubs Australia has submitted critical clinical trial data to the US FDA, marking a pivotal step toward permanent approval for its infant formulas in the US market.

GrainCorp Limited reported a strong first half with revenue up 21% to $4.09 billion and net profit rising 17% to $58.1 million, prompting an increased dividend and share buy-back program.

The A2 Milk Company has announced its first-ever interim dividend of NZD 0.085 per share, signaling confidence in its financial position and commitment to shareholders.