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The New Zealand sharemarket, down half a per cent, posted its sixth fall in a row, while Heartland Group was well on its way to completing a significant $210...
New Zealand dairy business Synlait Milk has appointed Rob Stowell to the newly created position of chief commercial officer.
Debt-laden dairy company Synlait Milk has made its chief finance officer Rob Stowell responsible for speeding up the sale of Dairyworks. In his newly created...
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Synlait Milk says banks have its back after plunge into red Share Troubled dairy processor Synlait Milk says it has the support of banks and will not need to raise capital after plunging into loss-making territory. Synlait’s woes reflect some of those being faced by a2 Milk Company, one of its major customers and a shareholder. New Zealand-based Synlait said on Monday that it expected to report a full-year loss of $NZ20 million-$NZ30 million ($18.6 million-$27.8 million) based on a triple whammy of issues. The company said it faced shipping delays out of New Zealand that could get worse bef...