Synlait FY26 slides detail turnaround progress, operational gains

Synlait Milk reported its FY26 results on September 27, 2026, revealing a year marked by significant operational recovery after a challenging first half. The New Zealand dairy processor’s investor presentation detailed a year of two halves, with severe first-half losses followed by a strong rebound in the second half. While total group revenue for the year increased by 6% year-over-year to NZD 1.94 billion, the company posted a reported net loss after tax of NZD 75.4 million and an underlying net loss of NZD 21.6 million.

The company’s shares fell 6.35% to NZD 0.30 following the announcement, trading near the bottom of its 52-week range, indicating investor caution despite the operational improvements.

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