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Stuart Davison: dairy insights consultant on Synlait confirming over 200 suppliers plan to leave

Stuart Davison: dairy insights consultant on Synlait confirming over 200 suppliers plan to leave

Heather du Plessis-Allan Drive · Newstalk ZB

June 4, 20244m 38s

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Show Notes

Struggling dairy processor Synlait has confirmed a significant majority of its farmer suppliers want to leave.

The Canterbury-based organisation told yesterday's Australian securities exchange the exodus of most of its 280 suppliers was expected.

Dairy insights consultant Stuart Davison says this comes off the back of a 'concerning' 18 months for the business.

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Topics

businessmoneyeconomySynlait Milk