A2 Milk加码中国配方奶粉：提高利润率指引并收购新西兰工厂

Group 1 - A2 Milk announced the acquisition of an integrated nutrition product line in Pokeno, New Zealand for approximately NZD 282 million, which is crucial for its market presence in China [1] - The company plans to invest an additional NZD 100 million for expansion and aims to gradually add over 100 employees [1] - A2 Milk will sell its interests in Mataura Valley Milk to Open Country Dairy, expecting a net cash inflow of about NZD 100 million, but will recognize a disposal loss of approximately NZD 130 million [1] Group 2 - The board intends to distribute a one-time special dividend of NZD 300 million after obtaining Chinese formula registration and completing the divestment of MVM [1] - The company provided new guidance, targeting an EBITDA margin of 15%-16% for the fiscal year ending June 2026, up from 14.4% in fiscal 2025 [1] - For the current fiscal year, A2 Milk expects "continuing operations" revenue to achieve high single-digit percentage growth [1] Group 3 - In fiscal 2025, A2 Milk reported a net profit of NZD 202.9 million, up from NZD 167.6 million the previous year, with revenue of NZD 1.9 billion, reflecting a year-on-year growth of 14% [1] - The board declared a final dividend of 11.5 NZ cents per share, with a dividend policy of distributing 60%-80% of net profit after excluding one-off items [1] - A2 Milk's market share in infant formula in China has reached a new high, with overall sales growth of 10%, and a 17% increase in English-labeled products [2]