A return to profit for troubled Canterbury milk processor Synlait.

Its half-year result to January's end shows earnings of $63 million before interest, taxes, and depreciation.

It follows a tough 2024 for Synlait, which saw a shareholder bailout via a $218 million capital raise to repay debt.

Acting Chief Executive Tim Carter explains how the company managed to bounce back.

LISTEN ABOVE

A return to profit for troubled Canterbury milk processor Synlait.
Its half-year result to January's end shows earnings of $63 million before interest, taxes, and depreciation.
It follows a tough 2024 for Synlait, which saw a shareholder bailout via a $218 million capital raise to repay debt.
Acting Chief Executive Tim Carter explains how the company managed to bounce back.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Tim Carter: Synlait acting Chief Executive on the company moving back into profit

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/69ecdb36-5b16-407b-afdd-b2aa006b7552/transcript