A2 Milk Lowers Guidance as Formula Supply Disrupted in China
New Zealand infant formula supplier a2 Milk lowered its revenue and earnings guidance, citing supply chain disruptions — partly linked to the Iran war — that have slowed shipments to China.
The company “is currently experiencing temporary in-market product availability issues primarily in relation to shortfalls of China-label IMF product at distributors and retailers,” it said Monday in Wellington.