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1、Annual Report 20152016PIONEER;noun a person who is among the first to explore or settle a new country or area.verb develop or be the first to use or apply (a new method,area of knowledge,or activity).synonyms develop,evolve,begin,launch,initiate,take the lead in,give birth to,be the father/mother of
2、,originate,set in motion,create,open up,lead the way for,lay the foundations of,blaze a trail,break new ground.The a2 Milk Company 2015-16As the A2 protein pioneers,we are single-mindedlydetermined to help people enjoy a better life.The a2 Milk Company 2015-16Company purposeCONTENTSChairmans letterG
3、rowth and transformation historyThe scienceOur communityCompany strategyThe a2 Milk brand differenceCEOs reportGovernance&disclosuresFinancial statementsCorporate directory060811121820222451105The a2 Milk Company 2015-16Contents54It is a great pleasure to report on a year in which The a2 Milk Compan
4、y1 has truly transformed itself and made extraordinary progress in market presence,in consumer awareness,in revenues and,ultimately,in earnings.We started the year as a predominantly Australia focused brand with a significant and growing presence in the liquid milk market and an encouraging but stil
5、l under-developed position in the infant formula market.Outside Australia,we had footprints in China and the United Kingdom,with infant formula and liquid milk respectively;and had recently started on a supply and distribution build in Southern California,USA.One year later,the picture is very diffe
6、rent.The Australian business is stronger still,with now two demonstrably successful brands a2 Milk and a2 Platinum infant formula and a developing position being established in whole milk powder.Brand awareness and consumer demand for a2 Platinum infant formula in both Australia and China has grown