Latest news with #a2Milk
News.com.au
2 days ago
- Business
- News.com.au
Contamination risk prompts recall of popular milk brand
A popular milk brand has been pulled from supermarket shelves in Western Australia due to contamination concerns that could pose serious health risks. The a2 Milk Company has issued a recall for its two-litre a2 Light Milk variety after routine testing detected potential microbial contamination with listeria monocytogenes. The bacteria can cause severe illness, particularly in vulnerable groups such as pregnant women, unborn babies, newborns, the elderly, and those with weakened immune systems. However, the notice also warns the general population can also become ill from consuming food contaminated with Listeria monocytogenes. The affected milk has a use-by date of 06/06 #41. 'Consumers should not eat this product,' the recall notice stated. 'Consumers should return the product(s) to the place of purchase for a full refund. Any consumers concerned about their health should seek medical advice.' Customers are urged to check their fridges and dispose of the product or return it for a full refund.
Daily Mail
3 days ago
- Business
- Daily Mail
Popular milk sold at Coles, Woolworths and Aldi is urgently recalled
The a2 Milk Company is calling its a2 Light Milk 2L over fears bottles have been contaminated with bacteria that can cause serious illness. The affected product was sold exclusively in retail outlets across Western Australia, including Aldi, Woolworths and Coles. The cartons impacted are marked with 'USE BY 06/06 #41'. According to Food Standards Australia and New Zealand (FSANZ), the bacteria, listeria monocytogenes, poses a significant health risk. It also is particularly dangerous for pregnant women, unborn babies, newborns, the elderly, and individuals with weakened immune systems. 'The general population can also become ill from consuming food contaminated with Listeria monocytogenes,' FSANZ notes on its website. Health Direct says symptoms of listeriosis include fever, nausea, headaches, tiredness and muscle aches and pains. Health authorities are urging customers not to consume the a2 milk and to return it for a full refund from their local supermarket. The recall comes just days after a popular baby product was pulled from shelves. Weleda Australia has recalled a batch of the Weleda Baby Teething Powder 60g. The company thinks there was a fault during the packaging of the batch '(B) 231302' which may have caused glass fragments to spill into other bottles. The expiry date for the affected product is 11/2026. 'If glass fragments are present in the powder and applied to an infant's gums, they could cause discomfort, pain or minor injury,' the Therapeutic Goods of Australia (TGA) recall statement said. 'In more serious cases, there is a risk of choking or internal injury, including damage to the gastrointestinal tract, which may require urgent medical attention.' No other batches were affected by the recall. The powder can be bought online and in chemists across Australia, including Big Q and major pharmacies like Priceline and Chemist Warehouse.
Yahoo
5 days ago
- Business
- Yahoo
a2 Milk (NZSE:ATM) May Have Issues Allocating Its Capital
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. Having said that, from a first glance at a2 Milk (NZSE:ATM) we aren't jumping out of our chairs at how returns are trending, but let's have a deeper look. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. The formula for this calculation on a2 Milk is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.14 = NZ$202m ÷ (NZ$1.9b - NZ$474m) (Based on the trailing twelve months to December 2024). Therefore, a2 Milk has an ROCE of 14%. On its own, that's a standard return, however it's much better than the 9.6% generated by the Food industry. Check out our latest analysis for a2 Milk In the above chart we have measured a2 Milk's prior ROCE against its prior performance, but the future is arguably more important. If you're interested, you can view the analysts predictions in our free analyst report for a2 Milk . When we looked at the ROCE trend at a2 Milk, we didn't gain much confidence. Around five years ago the returns on capital were 47%, but since then they've fallen to 14%. Meanwhile, the business is utilizing more capital but this hasn't moved the needle much in terms of sales in the past 12 months, so this could reflect longer term investments. It's worth keeping an eye on the company's earnings from here on to see if these investments do end up contributing to the bottom line. Bringing it all together, while we're somewhat encouraged by a2 Milk's reinvestment in its own business, we're aware that returns are shrinking. And investors appear hesitant that the trends will pick up because the stock has fallen 52% in the last five years. All in all, the inherent trends aren't typical of multi-baggers, so if that's what you're after, we think you might have more luck elsewhere. If you're still interested in a2 Milk it's worth checking out our to see if it's trading at an attractive price in other respects. If you want to search for solid companies with great earnings, check out this free list of companies with good balance sheets and impressive returns on equity. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
NZ Herald
5 days ago
- Business
- NZ Herald
A2 Milk silent on reports of NZ acquisition
Cashed-up a2 Milk says it has no comment to make on speculation in the Australian media that it is about to make a big acquisition. The dairy and infant formula marketer had more than $1 billion in cash on its books at the time of its first-half result, and has
Bloomberg
13-05-2025
- Business
- Bloomberg
China Birth Rate Plans Boost New Zealand's Top-Performing Stock
China's plans to lift its birth rate have helped a2 Milk Co. 's stock become the biggest gainer in New Zealand this year. The dairy company's Wellington-listed shares have surged 43%, topping the nation's benchmark S&P/NZX 50 Index. The stock has soared amid China's bid to boost its population and a strong sales outlook, and is set to benefit from further efforts to prop up the economy.
