PriceSensitive

Australian Dairy Nutritionals (ASX:AHF) launches Ocean Road Dairies Organic A2 Infant Formula Range

ASX News, Consumer
ASX:AHF      MCAP $9.049M
04 October 2022 18:16 (AEST)

View from AHF's Yaringa farm in Victoria. Source: Australian Dairy Nutritionals

Australian Dairy Nutritionals (AHF) has launched the Ocean Road Dairies Organic A2 Infant Formula Range.

The Ocean Road Dairies range will be stocked in Chemist Warehouse stores nationally and consists of three stages with stage one for zero to six-month-olds, stage two for six to 12-month-olds, and stage three for one year and older.

All three stages have been canned with initial orders to be dispatched to Chemist Warehouse stores from this week.

From tomorrow, the products will also be available on AHF’s website.

“We are extremely pleased to bring the Ocean Road Dairies Organic A2 infant formula range to the domestic market including ranging in Chemist Warehouse through our Ocean Dairy joint venture,” CEO Peter Skene said.

The formula is produced from organic A2 protein milk from AHF’s farms and manufactured at its infant formula plant.

AHF calls this a significant milestone given it is more complex to produce formula from fresh milk than from milk powder.

“We have invested significantly in our vertical integration strategy and look forward to rewarding our security holders as we showcase our premium organic A2 infant formula range in the Australian and international markets,” Chairman Martin Bryant said.

AHF has ended the day 1.45 per cent in the green to close at 7 cents.

Related News