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BRIEF-A2 Milk expects marketing expense in H2 to exceed H1 expenses
November 20, 2017 / 10:40 PM / 21 days ago

BRIEF-A2 Milk expects marketing expense in H2 to exceed H1 expenses

Nov 21 (Reuters) - A2 Milk Company Ltd

* 4 months to oct npat nz$52.3 million versus nz$22 mln‍​

* 4 months to oct revenue nz$262.2 million versus nz$155.2 mln‍​

* expecting marketing expense in 2h18 to exceed 1h18 by about nz$30 million, driven by timing of planned spend in china and usa

* seeking to build inventory to more sustainable levels during fy18 Source text for Eikon: Further company coverage:

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