The a2 Milk Co Ltd

ATM: XNZE (NZL)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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A2 Milk Earnings: New Registrations to Support Further Growth in China

Angus Hewitt

Aug 18, 2025

The a2 Milk Company's fiscal 2025 EBITDA grew 17% on last year to NZD 274 million thanks to strong market share growth in Chinese infant formula. The company also says it will buy a manufacturing facility in Pokeno and sell its 75% stake in Mataura Valley Milk.

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The a2 Milk Co Ltd

A2 Milk Earnings: New Registrations to Support Further Growth in China

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