John Penno

Here are the key changes to know about in the New Zealand equity market today; Synlait's special shareholders’ meeting going ahead as scheduled

Here are the key changes to know about in the New Zealand equity market today; Synlait's special shareholders’ meeting going ahead as scheduled

Dairy company Synlait sees return to 'similar levels' of profits as prior to this year by 2023

Dairy company Synlait sees return to 'similar levels' of profits as prior to this year by 2023

Dairy company Synlait has reached a sale-and-leaseback agreement on its Mangere property that it paid $12.4 mln for in 2017

Dairy company Synlait has reached a sale-and-leaseback agreement on its Mangere property that it paid $12.4 mln for in 2017

Dairy company Synlait is signalling the cutting of perhaps 200 staff, through which it aims to save $10 mln-$12 mln a year

Dairy company Synlait is signalling the cutting of perhaps 200 staff, through which it aims to save $10 mln-$12 mln a year

The Weekly Dairy Report: A small lift in the milk auction welcome, but the dry and lower production could influence the year's profits more significantly

The Weekly Dairy Report: A small lift in the milk auction welcome, but the dry and lower production could influence the year's profits more significantly

The Weekly Dairy Report: The global dairy market weakens further but dry conditions may trim milk flows to tighten future supply

The Weekly Dairy Report: The global dairy market weakens further but dry conditions may trim milk flows to tighten future supply

Synlait follows Open Country, Westland and Fonterra by advising a revised and sharply lower forecast milk payout for the current season

Synlait follows Open Country, Westland and Fonterra by advising a revised and sharply lower forecast milk payout for the current season

Synlait announces new partnership to sell infant formula that trades with the premium attribute, by being exclusively grazed on a pasture and crop based diet

Synlait announces new partnership to sell infant formula that trades with the premium attribute, by being exclusively grazed on a pasture and crop based diet

New milk powder product in production to 'leverage melatonin in its natural form'. But not available to New Zealand consumers

New milk powder product in production to 'leverage melatonin in its natural form'. But not available to New Zealand consumers

Market conditions 'challenging' says John Penno, company reduces profit guidance although still above prospectus, matches Fonterra on 2015 payout

Market conditions 'challenging' says John Penno, company reduces profit guidance although still above prospectus, matches Fonterra on 2015 payout

Despite delays in China market penetration, and commissioning its lactoferrin plant, it is confident its strategy will pay off

Despite delays in China market penetration, and commissioning its lactoferrin plant, it is confident its strategy will pay off

Ernst & Young Entrepreneur of the Year finalists' businesses 'pushing the limits'

Ernst & Young Entrepreneur of the Year finalists' businesses 'pushing the limits'

Synlait Milk to become one of only two manufacturers in the world to produce lactoferrin as a spray dried powder

Synlait Milk to become one of only two manufacturers in the world to produce lactoferrin as a spray dried powder

BusinessDesk: $100 million infant milk formula plant opens at Dunsandel focussed on supplying China

BusinessDesk: $100 million infant milk formula plant opens at Dunsandel focussed on supplying China