A2 Milk has taken a big knife to its EBITDA margin forecasts for 2021. A2 Milk has taken a big knife to its EBITDA margin forecasts for 2021. Shares in a2 Milk tumbled after the alternative dairy company slashed its revenue and earnings forecasts for the 2021 financial year. In the first few minutes of trade, a2 Milk shares were at $6.10, down more than 20 per cent from $7.59 at Friday's close. A2 Milk said the revised outlook did not reflect the underlying performance or strength of the business.

Source: New Zealand Herald May 09, 2021 21:04 UTC