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Synlait Milk Limited
Synlait is a Public Company that generates the majority of its income from the Butter and Dairy Product Manufacturing industry. In 2025 the company generated total revenue of $1,687,322,000 including sales and other revenue. In 2025 Synlait had 549 employees including employees from all subsidiaries under the company's control. The Chief Executive of Synlait is Mr Richard Wyeth whose official title is Chief Executive Officer. The Chairman of Synlait is Mr George Adams whose official title is Independent Chair. Synlait Milk Limited is a New Zealand-based dairy processor that operates across ingredient, consumer and foodservice markets. The company sells its own and licensed products as well as supports partner brands through contract manufacturing. The company divides operations into the following: Synlait - Manufactures and sells milk and plant-based products (nutritionals, ingredients, fresh milk, and ultra heat treatment milk and cream products. Dairyworks - Manufacture and sells cheese and butter.The company’s consumer brand partners includes the following: The a2 Milk Company Bright Dairy Foodstuffs South Island
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What's included in this industry analysis
IBISWorld's research coverage on the Synlait Milk Limited includes market sizing, forecasting, data and analysis. The most recent publication will be as current as of March 2026.
Company Details
What’s this enterprise profile about?
Synlait Milk Limited, trading as Synlait, operates under the ABN and was incorporated on 02 March 2005. Synlait Milk Limited trades on the Australian Securities Exchange under the ticker code ASX:SM1. Synlait Milk Limited primarily operates in the Butter and Dairy Product Manufacturing industry in Australia.
Key Personnel
What’s included in the Key Personnel chapter?
The Key Personnel chapter outlines the principal leadership positions within Synlait Milk Limited, including the Chairman, Board members, Chief Executive Officer, and other key management personnel. It provides an overview of the company’s governance and executive structure, along with a breakdown of gender diversity across leadership roles, offering insight into the composition of the organisation’s senior team.
Financials
What’s included in the Financials chapter?
The Financials chapter presents Synlait Milk Limited’s historical financial performance, including detailed profit and loss statements outlining sales revenue, cost of sales, and profitability. It also incorporates balance sheet data, providing a breakdown of assets and liabilities, as well as additional financial metrics such as the number of shares on issue. Together, these disclosures offer a comprehensive view of the company’s financial position and performance over time.
Growth & Ratios
What’s included in the Growth & Rations chapter?
The Growth & Ratios chapter provides historical data on key financial performance indicators, enabling an assessment of the company’s operational efficiency, profitability, and financial structure over time. Metrics covered include return on equity, return on assets, profit margins, revenue per employee, as well as gearing and leverage ratios, offering a comprehensive view of performance trends and capital management.
Operating Segments
What’s included in the Operating Segments chapter?
The Operating Segments chapter provides an overview of the revenue composition and asset allocation across the various industries in which Synlait Milk Limited operates. It offers insights into how the company’s financial performance is distributed among its core business segments, highlighting the relative contribution of each industry to total revenue.
Competitor Benchmarking
What’s included in the Competitor Benchmarking chapter?
The Competitor Benchmarking chapter includes a comparative assessment of Synlait Milk Limited’s key financial, growth, and valuation ratios against industry averages to evaluate its competitive position. It analyses valuation metrics such as price-to-earnings, price-to-book, enterprise value to EBITDA, and enterprise value to sales, alongside core financial indicators including liquidity ratios and profitability measures.
Industries of Operation
What’s included in the Industries of Operation chapter?
The Industries of Operation chapter outlines Synlait Milk Limited’s market share across the industries in which it operates. Each industry profile includes a comprehensive overview featuring data on total market size, the number of enterprises, industry concentration levels, and overall turnover. This analysis provides context for the company’s competitive position and scale within each relevant market.
Shareholders
What’s included in the Shareholders chapter?
The Shareholders chapter provides a breakdown of the ownership structure of Synlait Milk Limited, identifying key shareholders and outlining their respective ownership interests. This section offers insight into the concentration of shareholdings, the presence of institutional or strategic investors, and the overall distribution of equity within the company.
Subsidiaries
What’s included in the Subsidiaries chapter?
The Subsidiaries chapter provides an overview of the companies and business entities that are wholly or partially owned by Synlait Milk Limited. It outlines the ownership structure of each subsidiary, offering insight into the broader corporate group and how these entities contribute to the company’s overall activities and performance.
History
What’s included in the History chapter?
The History chapter presents a overview of Synlait Milk Limited’s development, highlighting key milestones and significant corporate events since its incorporation. It includes the company’s incorporation date and outlines major strategic, operational, and structural developments, providing context for its evolution and current market position.
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Frequently Asked Questions
What is Synlait Milk Limited?
Synlait Milk Limited is a New Zealand-based dairy processor that operates across ingredient, consumer and foodservice markets. The company sells its own and licensed products as well as supports partner brands through contract manufacturing. The company divides operations into the following: Synlait - Manufactures and sells milk and plant-based products (nutritionals, ingredients, fresh milk, and ultra heat treatment milk and cream products. Dairyworks - Manufacture and sells cheese and butter.The company’s consumer brand partners includes the following: The a2 Milk Company Bright Dairy Foodstuffs South Island
What industry does Synlait Milk Limited operate in?
Synlait Milk Limited, trading as Synlait, is a Public Company that generates the majority of its income from the Butter and Dairy Product Manufacturing industry in Australia.
Where is Synlait Milk Limited located?
Murray Cod Australia Limited company is based at 1028 Heslerton Road, Rakaia, New Zealand, New Zealand.
Who is the CEO of Synlait Milk Limited?
The Chief Executive Officer of Synlait Milk Limited is George Adams and the Chief Executive Officer is Richard Wyeth.
What was Synlait Milk Limited’s revenue in 2025?
In 2025, Synlait Milk Limited generated total revenue of approximately $1.7 billion.
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