Synlait Milk Limited - Company Profile
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Synlait Milk Limited (Synlait), a subsidiary of Bright Dairy & Food Co Ltd, carries out the production of nutritional milk products. The company specializes in producing advanced nutrition, foodservice, and ingredient products. It offers products such as whole milk powders, skim milk powders, and anhydrous milk fats for infants, kids, and adults. Synlait markets its products under the brands Dairyworks, Rolling Meadow, Pams, Value, and Alpine. The company's products serve a global customer base, providing essential nutrition solutions across various life stages and industries. It has operations across Asia, Oceania, the Middle East, and Africa. Synlait is headquartered in Dunsandel, Canterbury, New Zealand.
Headquarters
New Zealand
Address
1028 Heslerton Road, Rakaia 7783, Private Bag 806, Ashburton, Canterbury, 7740
Website
www.synlait.com
Telephone
64 3 3733000
No of Employees
549
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
SML (NZE)
Revenue (2024)
$1.1B
11.6%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
78.1%
(2024 vs 2023)
Market Cap*
$134.0M
Net Profit Margin (2024)
XYZ
80.4%
(2024 vs 2023)
* As of and is in US$
Synlait Milk Limited premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Infant and Adult Nutrition: | Dairyworks |
| Infant Formula, Pediatric and Adult Nutrition Products | Rolling Meadow |
| Advanced Ingredients: | Pams |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Plans/Strategy | In June, the company announced its plans to sell Dairyworks and Talbot Forest Cheese. |
| 2021 | New Products/Services | In October, Synlait Milk Limited launched its first consumer foods product under its own brand Synlait Swappa Bottle. |
| 2020 | Divestiture | In October, the company sold its Deep South ice cream brand and operations to New Zealand-based food company, Talley’s Group. |
Competitor Comparison
| Key Parameters | Synlait Milk Limited | Fonterra Co-operative Group Ltd | The a2 Milk Company Ltd | Happy Valley Nutrition Ltd | Miraka Limited |
|---|---|---|---|---|---|
| Headquarters | New Zealand | New Zealand | New Zealand | New Zealand | New Zealand |
| City | Ashburton | Auckland | Auckland | Auckland | Taupo |
| State/Province | Canterbury | - | - | Auckland | Waikato |
| No. of Employees | 549 | 16,215 | 511 | - | - |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Leon Fung | Chief Executive Officer - Acting; Director | Executive Board | 2026 | - |
| Andy Liu | Chief Financial Officer | Senior Management | 2024 | - |
| Richard Hickson | Chief Operating Officer | Senior Management | 2026 | - |
| Robert Stowell | Chief Commercial Officer | Senior Management | 2024 | - |
| Hamish Yates | Chief Revenue Officer | Senior Management | 2025 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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