Synlait Milk Ltd (ASX: SM1) Share Price and News

Price

$0.66

Movement

0.035 (-5.04%)

as at 2 Jun - Closed (20 mins delayed)

52 Week Range

$0.195 - $0.95

 
1 Year Return

+50.0%

Synlait Milk Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $398.11 million
P/E Ratio 22.08
Dividend Yield 0.00%
Shares Outstanding 603.20 million
Earnings per share -0.833
Dividend per share N/A
Year To Date Return 80.52%
Earnings Yield 4.53%
Franking -
Share Price

$0.66

Day Change

0.035 (-5.04%)

52 Week Range

$0.195 - $0.95

Yesterday's Close

$0.695

Today's Open

$0.665

Days Range

$0.66 - $0.665

Volume

11,915

Avg. Volume (1 month)

10,983

Turnover

$7,916

as at 2 Jun - Closed

  • Synlait Milk Ltd (ASX: SM1)
    Latest News

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    Share Gainers

    ALL ORDINARIES finishes higher Friday: 8 shares you missed

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    Synlait Milk share price drops lower on Pokeno plant blow

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    ALL ORDINARIES finishes lower Wednesday: 8 shares you missed

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    Share Fallers

    Why Eclipx, Nufarm, Synlait Milk, & WiseTech Global shares crashed lower today

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    Share Fallers

    Synlait Milk share price set to crash lower after a2 Milk Company deal hits profits

    The Synlait Milk Ltd (ASX:SM1) share price looks set to crash lower today after its new pricing agreement with A2…

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    A2 Milk Company share price lower on Fonterra update

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    Share Market News

    This S&P/ASX 200 star has slumped 18% in 6 months: Is it time to buy?

    A2 Milk Company Ltd (ASX: A2M) shares are down 18% in 6 months. Is it time to buy?

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    Growth Shares

    Should you sell off some A2 Milk Company Ltd (ASX:A2M) shares?

    A2 Milk Company Ltd (ASX: A2M) has had a good run in China - is the momentum over?

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    Top brokers have slapped sell ratings on these ASX shares

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    Why these 4 ASX shares are tumbling lower today

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    A2 Milk Company supplier Synlait Milk Ltd sinks 10% despite an 89% jump in profits

    The Synlait Milk Ltd (ASX:SM1) share price has plunged lower despite reporting an 89% lift in profits. Should you buy…

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    SM1 ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    3rd Apr 2025 2025-04-03T07:31:07 Synlait confident future milk supply securedYesNo7:31am1418k
    24th Mar 2025 2025-03-24T07:32:00 NZX Results TemplateYesNo7:32am1442k
    24th Mar 2025 2025-03-24T07:31:45 Synlait Half Year 2025 Shareholder LetterYesNo7:31am2295k
    24th Mar 2025 2025-03-24T07:31:30 Synlait Half Year 2025 Investor PresentationYesNo7:31am244.5M
    24th Mar 2025 2025-03-24T07:31:15 Synlait Half Year 2025 Financial StatementsYesNo7:31am242.9M
    24th Mar 2025 2025-03-24T07:30:50 Synlait Half Year 2025 Chair and Acting CEO ReportYesNo7:30am62.6M
    24th Mar 2025 2025-03-24T07:30:40 Synlait Half Year 2025 AnnouncementYesNo7:30am2506k
    3rd Mar 2025 2025-03-03T07:30:19 Synlait appoints seasoned dairy executive as new CEOYesNo7:30am150k
    10th Feb 2025 2025-02-10T07:30:44 Synlait HY25 results date and conference call detailsYesNo7:30am161k
    24th Jan 2025 2025-01-24T07:32:27 Lapse of performance share rightsYesNo7:32am158k

    About Synlait Milk Ltd

    Synlait Milk Ltd is a dairy processing company that benefits from a differentiated milk supply and operating environment in New Zealand. The business operates within one industry that includes the manufacture of milk powder and its relatedproducts, liquid milk, cheese, and butter. Its segment are Synlait and Dairyworks, out of which it derives maximum revenue from Synlait segment.

    SM1 Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    30 May 2025 $0.70 $0.04 6.15% 13,171 $0.66 $0.70 $0.66
    29 May 2025 $0.65 $-0.01 -1.52% 5,880 $0.66 $0.66 $0.65
    28 May 2025 $0.66 $0.01 1.54% 3,661 $0.66 $0.66 $0.66
    27 May 2025 $0.65 $-0.01 -1.53% 67,250 $0.66 $0.70 $0.65
    26 May 2025 $0.66 $-0.02 -2.99% 2,710 $0.67 $0.67 $0.66
    23 May 2025 $0.67 $0.00 0.00% 5,552 $0.67 $0.67 $0.67
    22 May 2025 $0.67 $-0.01 -1.48% 2,926 $0.70 $0.70 $0.67
    21 May 2025 $0.68 $0.01 1.49% 3,821 $0.69 $0.69 $0.67
    20 May 2025 $0.67 $-0.03 -4.29% 814 $0.68 $0.68 $0.67
    19 May 2025 $0.70 $0.02 2.93% 34,276 $0.70 $0.70 $0.67
    16 May 2025 $0.68 $0.00 0.00% 2,470 $0.68 $0.68 $0.68
    15 May 2025 $0.68 $-0.01 -1.45% 7,534 $0.69 $0.69 $0.68
    14 May 2025 $0.69 $0.00 0.00% 18,239 $0.68 $0.70 $0.68
    13 May 2025 $0.69 $0.01 1.47% 17,141 $0.68 $0.69 $0.68
    12 May 2025 $0.68 $0.00 0.00% 2,412 $0.69 $0.70 $0.68
    09 May 2025 $0.68 $-0.02 -2.86% 3,924 $0.70 $0.70 $0.68
    08 May 2025 $0.70 $0.03 4.48% 843 $0.66 $0.70 $0.66
    07 May 2025 $0.67 $-0.04 -5.63% 14,307 $0.71 $0.71 $0.67
    05 May 2025 $0.71 $-0.01 -1.40% 1,761 $0.71 $0.71 $0.71

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr Sihang Yang Non-Executive Director Nov 2010
    Mr Yang has over 20 years of industry experience, he is Bright Dairy and Food Co.'s director of strategy and research and a director of several Bright Dairy subsidiaries. He is People, Environment & Governance Committee Member and Nominations Sub Committee Member.
    Mr George Adams Non-Executive DirectorNon-Executive Chairman Mar 2024
    Mr Adams has commercial and governance experience with 30 years of international business experience in the fast-moving consumer goods and telecommunications industries and an occupational health and safety background. Before focussing on governance, George held a range of executive leadership positions. He was, Managing Director of Coca-Cola Amatil New Zealand and CFO of British Telecom Northern Ireland. George's governance highlights include being Chair of Bell Tea & Coffee, Chair of the New Zealand Food and Grocery Council and a Director of Hellers Group and Tegel Food. Today, George is Chair of the Business Leaders Health & Safety Forum. He is risk committee member and Nominations Sub Committee Member.
    Mr Tao Zhang Non-Executive Director Feb 2024
    Mr Zhang is a has held leadership finance roles at several companies, including the Manager of Shanghai Donghua Accounting Firm, the General Manager of Financial Department of Pengxin International Mining, the Financial Director of Shanghai Pengpo New Energy Development, and the Financial Director of InterChina Water Treatmen. He is risk committee member.
    Mr Paul McGilvary Non-Executive Director Jan 2022
    Mr McGilvary has dairy sector experience and is currently Deputy Chair of AsureQualit. He is People, Environment & Governance Committee Chair and Risk Committee Member and Nominations Sub Committee Member.
    Ms Yi Zhu(Julia) Non-Executive Director Jun 2023
    Ms Zhu is risk committee member.
    Mr Leon Fung Non-Executive Director Jun 2024
    Mr Fung is currently CEO of NIG Nutritionals Limited, a privately owned business in food supplements and goat milk, and is resident in Auckland, New Zealand. Leon has over 20 years of experience in multi-national companies in the dairy and food segment. Leon previously led the Danone Nutricia NZ team and held executive roles in Winston Nutritionals, Yashili New Zealand, and Anhydro China (which is now part of SPX Flow Technology). He also worked for Tetra Pak China and the New Zealand Dairy Board in his early career. He is on the executive committee of the New Zealand China Trade Association. He is People, Environment & Governance Committee Member.
    Ms Deborah Marris Company Secretary
    -
    Mr Richard Wyeth Chief Executive Officer May 2025
    -
    Rob Stowell Chief Commercial Officer
    -
    Richard Wyeth Chief Executive Officer
    -
    Grant Watson Chief Executive Officer
    -
    Andy Liu Chief Financial Officer
    -
    Paul Mallard Chief Operating Officer
    -
    Naiche Nogueira Chief Revenue Officer
    -
    Deborah Marris Company Secretary
    -
    Cathy Gamlen Director of People and Culture
    -
    Charles Fergusson Director On-Farm Excellence Business Sustainability and Corporate Affairs
    -
    Abby Ye President China and Director of Foodservice
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    Bright Dairy Holding Limited 85,266,605 39.00%
    The a2 Milk Company Limited 43,352,509 19.80%
    Chester Asset Management Pty Ltd. 9,520,000 4.40%
    Accident Compensation Corporation 6,139,875 2.80%
    John Penno 5,109,803 2.30%
    XSTAR Fund Management 3,980,000 1.80%
    New Zealand Funds Management Ltd. 2,155,587 1.00%
    L S Keeper 1,975,000 0.90%
    Paul & Bronwyn Lancaster 1,055,623 0.50%
    First NZ Capital Custodians Limited (Various Private Investors) 923,178 0.40%
    Therese Roche 900,000 0.40%
    The Vanguard Group, Inc. 878,014 0.40%
    Philip Lennon 800,000 0.40%
    Clarity Funds Management Limited 700,000 0.30%
    Octagon Asset Management Limited 670,226 0.30%
    New Hope Dairy (HongKong) Trading Co Ltd 655,395 0.30%
    Hieu Nguyen 600,000 0.30%
    Horo Holdings Limited 530,000 0.20%
    Rangatira Trust 513,038 0.20%
    Rita Dressler 500,000 0.20%

    Profile

    since

    Note