The a2 Milk Company (A2M) 2020年年度报告「ASX」.pdf

1、2020 Annual ReportThe a2 Milk Company Limited ARBN:158 331 965BUILDING FROM STRENGTHDuring this financial year we have continued to strengthen our brand and business foundations to enable us to build sustainable growth for future years.Moving forward we have a heightened focus on living our purpose,

2、to enrich lives through the nutritional wonders of nature,delivering to our financial ambitions,and to further improving the meaningful impact we can make on the broader communities and world in which we operate.GROWING RESILIENCE STRENGTHENING IMPACTHIGHLIGHTSGROUP PERFORMANCE$1.73bnRevenue 32.8%$5

3、49.7mEBITDA 32.9%$385.8mNPAT 34.1%52.39cEarnings per share 33.5%$427.4mOperating cash flow$854.2mCash on handPRODUCT SEGMENT REVENUE$223.4mLiquid milk 27.7%$1.42bnInfant nutrition 33.8%$85.2mOther nutrition 29.6%REGIONAL HIGHLIGHTSAsia PacificUSA101.2%Chinalabel infant nutrition40.3%English label1in

4、fant nutrition91.2%Milk sales growth19.1kChina store distribution14.1%Australian milk sales20.3kStore distribution1 Includes Hong Kong and Korean label2 The a2 Milk Company Building from strength 3 4 The a2 Milk Company FY20 highlights 02Our Chair 08CEOs year in review 10Building a sustainable futur

5、e 22Corporate governance 38Our directors 40Our executive committee 42Governance 44Remuneration 49Financial statements 54Other information 102CONTENTSBuilding from strength 5 4 The a2 Milk Company Company founded in NewZealand by DrCorrie McLachlan and Howard Paterson,armed with unique intellectual p

6、roperty and a growing belief of the effects different milk proteins have on humanhealth2012The company name changes from A2 Corporation to The a2 Milk Company with a new brand identityFirst human digestion clinical research is published supporting a digestive difference between A1 and A2beta casein