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Can a2 Milk recapture the great growth rates of the past?

Jamie Gray
By
Business Reporter·NZ Herald·
14 mins to read

With $10 billion shaved off a2 Milk's market capitalisation in less than a year, can the alternative milk and infant formula company recapture the stellar growth rates of the past?

A2 Milk, once one of the sharemarket's biggest companies, is today worth about $5.4b, down from $16b at its peak just a year ago. That plunge reflects the impact of four successive earnings downgrades.

Those downgrades were a rude shock to investors who had become accustomed to generous double-digit revenue

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