Tim Carter: Synlait acting CEO on the company's share price climbing by 16% - The Mike Hosking Breakfast

The news is continuing to get better for Canterbury milk company Synlait. 

Its share price climbed 16% yesterday off the back of news it's expecting to return to profitability in the first half of the financial year. 

That follows a bail-out by major shareholders, Bright Dairy and a2 Milk. 

Acting Chief Executive Tim Carter told Mike Hosking the bounce-back is good, but they still have a lot of work to do. 

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