Tim Carter: Synlait acting Chief Executive on the company moving back into profit

from Best of Business · host Newstalk ZB

A return to profit for troubled Canterbury milk processor Synlait. Its half-year result to January's end shows earnings of $63 million before interest, taxes, and depreciation. It follows a tough 2024 for Synlait, which saw a shareholder bailout via a $218 million capital raise to repay debt. Acting Chief Executive Tim Carter explains how the company managed to bounce back. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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This episode was published on March 24, 2025.

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