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Willy Leferink: Synlait Supplier on the company's expected $77-82 million half-year loss
Published 1 month, 1 week ago
Description
There are hopes things will gradually turn a corner for Canterbury milk processing firm Synlait.
It's revealed it expects to report a $77 to $82 million half-year loss, due to the ongoing impact of previous "manufacturing challenges” at its Dunsandel plant.
Ashburton-based supplier Willy Leferink says suppliers are worried, but they have supply contracts to honour, and what really matters is that they continue to get paid.
He told Mike Hosking the company seems to have a good plan to get things back on track.
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