Synlait Milk Limited (SML)

NZX-listed Consumer Staples company — share price, dividends, financials, board of directors and governance score.

Synlait Milk Limited (NZX:SML) last traded at $0.40 on 25 Sept 2026, a market capitalisation of $87M NZD, a board of 13 directors chaired by George Adams and a Governance Risk Score of 68/100.

Synlait Milk is a dairy processing company manufacturing milk powders, infant formula, nutritional products, and specialty dairy ingredients from its processing facilities in Canterbury and Waikato, supplying dairy ingredients and finished nutritional products to multinational customers including a2 Milk Company, while also marketing consumer dairy products. The company operates advanced dairy processing facilities including spray drying, blending and canning, UHT processing, and specialized ingredient production capabilities, manufacturing products to meet strict quality and regulatory standards for export to China and other international markets. Synlait has faced significant financial challenges including high debt levels, reduced production volumes, profit pressures, and strategic restructuring, while working to stabilize operations, reduce debt, and rebuild customer relationships and operational performance.

Share price

$0.40+2.56%

Market cap

$87MNZD

Return on equity

-5.0%

Governance score

68/100Good

Board size

1315% independent