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a2 Milk Company

Boulder, CO 80301
United States

Love milk again with a2 Milk®! Ordinary cows’ milk contains 2 types of beta-casein protein, A1 and A2. a2 Milk® is natural milk that comes from selected cows that naturally produce only the A2 protein and no A1. Research has shown the A2 protein is digested differently to A1. There are many people who feel uncomfortable after they drink ordinary milk or lactose-free milk, yet they can enjoy a2 Milk® without discomfort. So welcome back to real dairy milk with a2 Milk®!

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Brands
a2 Milk® Whole, a2 Milk® 2% Reduced Fat, a2 Milk® Chocolate 2% Reduced Fat, a2 Milk® Fat-Free, a2 Milk® Coffee Creamer Sweet Cream, a2 Milk® Coffee Creamer Creamy Vanilla
Press Releases
a2 Milk Earnings Press Release

FOR IMMEDIATE RELEASE

Media Contact:

Ellie Russell

ellie@covetpr.com

 

The a2 Milk Company Continues To Showcase Impressive Brand Growth in Half Year Earnings

BOULDER, Colo. (February 27, 2020) – The a2 Milk Company, a dairy nutrition company helping people live better lives through the benefits of the A2 protein, has officially released earnings for the half year ending December 31, 2019. The company has made substantial gains in revenue and earnings, with strong performances in key product segments of infant nutrition and liquid milk, across core markets with a total revenue of 806.7 million New Zealand dollars, an increase of 31.6%. EBITDA of the company for the same period was NZ$263.2 million, representing an increase of 20.5% versus the prior comparable period with an EBITDA to sales margin of 32.6%.

U.S. revenue more than doubled compared to the prior corresponding period, up to NZ$28 million and representing a growth of 116%. We continue to gain momentum as we execute on our strategy in the U.S., building towards an initial milestone of US$100 million of annualized sales. Our sales performance was driven by improved in-store productivity, as well as by expanding our distribution footprint. Distribution grew from 13,100 stores to 17,500 stores at the end of June 2019.

“We are pleased that the U.S. sales performance was driven by a combination of strong gains in awareness, distribution, and velocity at store level indicating the strength of the brand proposition for U.S. consumers,” said Blake Waltrip, CEO USA. “Our half year results are very encouraging and further solidify the a2 Milk Company as a pioneer within the American milk market.”

Operational highlights in the half included strong performance in Costco, increasing same store velocities in Walmart, increased penetration within Kroger through achieving national coverage, bringing the brand to shelf in Safeway in the Pacific Northwest, and new distribution points in Target, Giant Eagle, and Fresh Thymes.

Leveraging the consumer and channel insights obtained through a strategic review completed in 2019, the U.S. introduced new packaging and launched a new TV advertising campaign, both of which received positive feedback from the retail trade and are assisting in building brand awareness. The company also improved in-store presence to convert awareness to trial. All of these changes have contributed to increasing consumer takeaway.

In July, the company launched a2 Milk® Coffee Creamers, which have been received positively and are performing to plan. As consumer demand for our products build, and our distribution footprint strengthens, we expect that opportunities to launch additional new products will emerge.

The a2 Milk Company works with local U.S. dairy farmers to identify cows that naturally only produce the A2 protein type and process their milk separately, making it possible for those with sensitivities to enjoy 100% real, cows’ milk. Consumers can now find a2 Milk® at conventional and natural stores nationwide, including select Costco, Walmart, Albertsons/Safeway, Kroger, Publix, Ahold, Sprouts Farmers Market, Whole Foods Market and more.

For more information on The a2 Milk Company, its products and location availability, please visit a2milk.com or follow on social at @a2milkusa.

About The a2 Milk Company

The a2 Milk Company was founded in 2000 in New Zealand by Dr. Corran McLachlan after a scientific research showed that proteins in milk affect people differently. a2 Milk® comes from cows that naturally produce only the A2 protein.  Published research suggests a2 Milk® may help avoid stomach discomfort.  a2 Milk® products include Whole, 2% Reduced Fat, Chocolate 2% Reduced Fat, Fat Free, Sweet Cream Coffee Creamer, and Creamy Vanilla Coffee Creamer. For more information on The a2 Milk Company, its products, and location availability, please visit a2milk.com.

a2 Milk Canada Announcement Release

FOR IMMEDIATE RELEASE

Media Contact:

Mia Fazio

Mfazio@covetpr.com

       Image result for a2 milk logo

The a2 Milk Company develops partnership with Agrifoods Cooperative to launch its

high quality protein a2 Milk® brand in Canada

BOULDER, CO (March 11, 2020) - The a2 Milk Company, an innovative dairy nutrition company helping people live better lives through the benefits of the A2 protein, is pleased to announce a licensing agreement that will enable the expansion of a2 Milk® into Canada.

As of today, The a2 Milk Company has entered into an agreement with Agrifoods Cooperative (Agrifoods) to license the brand in fluid milk for the Canadian Market.  The product line at launch will include a range of fresh a2 Milk® products.

The expansion comes at a time of impressive brand growth globally and in the US market for the company. In its half year results published in February, The a2 Milk Company made substantial gains in revenue and earnings, with a total revenue of 806.7 million New Zealand dollars, an increase of 31.6%. Additionally, U.S. revenue more than doubled compared to the prior corresponding period, up to NZ$28 million and representing a growth of 116%.

“The a2 Milk Company is thrilled to expand into the Canadian market and we are looking forward to introducing our products to new consumers from coast to coast in the ensuing months,” said Blake Waltrip, CEO of The a2 Milk Company U.S. “Signing on with Canada’s Agrifoods will allow a2 Milk® products to gain exposure rapidly in Canada.  This brings us closer to our goal of giving every consumer the chance to enjoy the nutritious benefits of real, high quality milk that is easier on digestion.”

“Agrifoods and The a2 Milk Company is an excellent partnership and we couldn’t be more excited to offer a2 Milk® products to our Canadian consumers” said Maheb Nathoo, CEO of Agrifoods Cooperative.” The a2 Milk Company is an innovator in the dairy industry and we are thrilled to be a partner.”
         

For the Canadian expansion, The a2 Milk Company will work with Agrifoods and local Canadian dairy farmers to identify cows that naturally produce only the A2 protein type, and to process their milk separately, making it possible for those with sensitivities to enjoy 100% real, cows’ milk.

About The a2 Milk Company

The a2 Milk Company was founded in 2000 in New Zealand by Dr. Corran McLachlan after a scientific research showed that proteins in milk affect people differently. a2 Milk® comes from cows that naturally produce only the A2 protein.  Published research suggests a2 Milk® may help avoid stomach discomfort.  a2 Milk® products include Whole, 2% Reduced Fat, Chocolate 2% Reduced Fat, Fat Free, Sweet Cream Coffee Creamer, and Creamy Vanilla Coffee Creamer. For more information on The a2 Milk Company, its products, and location availability, please visit www.a2milk.com

About Agrifoods Cooperative

Agrifoods Cooperative has proudly been in business for over a century and has grown to become one of Canada’s leading cooperatives with over 2,900 members.

The traditional values upon which Agrifoods was founded underlie its commitment for continual innovation in order to serve its valued customers’ and consumers’ changing needs. Agrifoods’ premium family of brands – Organic Meadow, Rolling Meadow, Meadowfresh, Earth’s Own and Happy Planet –– employ over 400 people and have become leaders in the health and wellness industry, producing a wide range of premium, on-trend, wholesome foods and beverages available from coast to coast. www.agrifoods.ca

Exhibiting At: 
Exhibited At: 
Category: 
ULTRA-PASTEURIZED VITAMIN D WHOLE MILK

ULTRA-PASTEURIZED VITAMIN D WHOLE MILK

FAT FREE MILK

FAT FREE MILK

2% REDUCED FAT MILK

2% REDUCED FAT MILK

Chocolate Reduced Fat Milk

Chocolate Reduced Fat Milk

Low Fat Milk

Low Fat Milk

Whole Milk

Whole Milk

Reduced Fat Milk

Reduced Fat Milk

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