Synlait Milk Limited (SML.NZ)
Synlait Milk Limited operates in the Packaged Foods industry of the Consumer Defensive sector, headquartered in Rakaia, CA, NZ. The stock last traded at $0.38, up 2.70% on the session, giving a market capitalisation of $229.2M. Its beta of 0.38 implies it has historically moved less than the broad market.
Synlait Milk Limited, alongside its associated entities, creates and markets a diverse portfolio of dairy products, serving international territories including China, the wider Asian region, the Middle East, Africa, Australia, and its home base of New Zealand. The company's operations encompass the processing, packaging, and promotion of various milk-based goods, such as different types of cheese, butter, and powdered milk. Its comprehensive product line features fresh liquid milk, an array of powdered milk derivatives, specialized dietary formulas for infants and adults, and essential ingredients like skim milk powder and anhydrous milk fat. Additionally, it supplies advanced nutritional components, specifically lactoferrin. The firm was established in 2005 and is headquartered in Rakaia, New Zealand.
Synlait Milk Limited is most often compared with the following Consumer Defensive names: