Investments
a2 Milk – growth stocks and downgrades don’t mix well
Stephen Bennie
Friday 23rd of October 2020
Back in early August, we contributed an article that highlighted some potential headwinds that a2 Milk could be facing in the near, medium and long-term.
In it, we stated that we would be assessing the upcoming full year result to identify any of those emerging issues.
As expected, the financials for the year to June 2020, announced on August 19, were very strong.
This is attributed to the regional lockdowns which created significant online demand as people stocked up hence increasing sales.
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