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Tag: MilkLab

  • Noumi Revenue Climbs 8.8 Percent to $648.4 Million on Dairy Demand

    Noumi Revenue Climbs 8.8 Percent to $648.4 Million on Dairy Demand

    Noumi grew full-year revenue 8.8 per cent to $648.4 million for the twelve months ended June 30, led by gains in its dairy and nutritionals division.

    Adjusted operating earnings before interest, tax, depreciation and amortisation rose 7.6 per cent to $61.8 million, up from the prior corresponding period.

    Earnings improve despite shipping drag

    The Sydney-listed maker of MilkLab absorbed an estimated $2 million hit to second-half operating EBITDA caused by trade disruptions linked to conflict in the Middle East. Statutory net loss after tax narrowed 55.2 per cent to $67.2 million as legacy liabilities and exceptional costs receded.

    Operational gains came largely from higher processing volumes across dairy and plant-based beverage lines. Factory throughput remained steady across packaging facilities, offsetting higher ingredient costs with targeted wholesale price adjustments in key commercial accounts.

    Regional cafe demand supports volume

    Plant-based beverage suppliers across Asia-Pacific have faced stiff competition from local co-packers and expanding oat milk capacity. Noumi has leaned on barista-grade distribution across Southeast Asian coffee chains to protect margins that grocery private-label contracts often erode.

    Investors are tracking Noumi’s upcoming annual general meeting for detailed export segment breakdowns and full-year capital expenditure plans.

  • MilkLab Unveils New Lactose-Free Milk at Woolworths: A Revolution in Dairy Digestibility and Taste

    MilkLab Unveils New Lactose-Free Milk at Woolworths: A Revolution in Dairy Digestibility and Taste

    MilkLab, a subsidiary of Noumi, has launched a new reformulated lactose-free milk at Woolworths in response to increasing consumer preference for lighter, easily digestible dairy options.

    Advanced Filtration for Healthier Milk

    MilkLab’s innovative product uses ultrafiltration technology, which processes milk through fine membranes. This concentrates the milk’s natural protein and fat content while lowering the levels of lactose sugar. The end product contains 9 grams of sugar per serving, marking a 25 per cent reduction compared to the average 12 grams found in conventional dairy milk. Beyond simply reducing sugar, this process also enhances the milk’s texture and its ability to produce foam in hot coffee.

    Natalie Latimore, MilkLab’s head of marketing, emphasizes the brand’s commitment to continuous product development, “Innovation at MilkLab is more than just getting it ‘good enough’. Rather, we strive for perfection. MilkLab’s success depends on close collaboration with roasters, baristas, and our retail partners. This ensures that by the time our product reaches the consumer’s cup or shopping cart, it has been refined to the highest standard.”

    Long-term Development for Superior Lactose-free Milk

    The new lactose-free milk is the culmination of a three-year development process involving 12 rounds of trial formulations. The process included consumer testing in conjunction with Deakin University and validation testing in association with commercial coffee roasters.

    MilkLab’s Lactose-Free 1L milk is now available in a long-life format at Woolworths stores and is also being supplied to commercial cafes throughout the country.

    In other company news, Noumi, MilkLab’s parent company, transitioned to private ownership last month following an agreement with its largest shareholder to purchase all remaining shares.

    Questions & Answers

    What is unique about MilkLab’s lactose-free milk?
    MilkLab’s lactose-free milk uses ultrafiltration technology to concentrate natural protein and fat while reducing lactose sugar, providing a healthier, easily digestible dairy option.

    How much sugar does MilkLab’s lactose-free milk contain?
    MilkLab’s lactose-free milk contains 9 grams of sugar per serving, which is 25 per cent less than the average 12 grams found in standard dairy milk.

    Where is MilkLab’s Lactose-Free 1L milk available?
    MilkLab’s Lactose-Free 1L milk is currently available in Woolworths stores in a long-life format and is also being distributed to commercial cafes nationwide.

  • MilkLab’s Almond and Oat Milks hit Kiwi Shelves, Feeding NZs Booming Home-Brewed Coffee Culture

    MilkLab’s Almond and Oat Milks hit Kiwi Shelves, Feeding NZs Booming Home-Brewed Coffee Culture

    Renowned dairy and plant-based milk brand, MilkLab, has expanded its market by introducing its Almond and Oat varieties to consumers in New Zealand via Woolworths stores. The move is in response to the increasing demand for dairy alternatives among New Zealand residents, who consume an average of 3.7kg of coffee annually. As more Kiwis embrace the use of home espresso machines, the need for alternatives that do not alter the taste, texture, or appearance of coffee has become evident.

    MilkLab Responds to Demand for Dairy Alternatives

    The introduction of MilkLab Almond and MilkLab Oat – the top two choices of baristas in Australia – into New Zealand supermarkets is an answer to the escalating demand. Natalie Latimore, MilkLab’s head of marketing, views the expansion as a strategic move, considering the growing popularity of specialty coffee among Kiwi households.

    “New Zealand has an advanced and passionately loyal coffee culture. Kiwi consumers expect their coffee to meet high standards whether they are in a cafe or at home,” Latimore said. She further emphasized that New Zealand’s coffee enthusiasts can now enjoy the results of MilkLab’s years of innovation in plant-based milk to achieve cafe-quality coffee at home, by simply shopping at Woolworths.

    MilkLab has been a part of New Zealand’s cafe scene for several years, and the annual MilkLab NZ Barista Battle is a highlight on the local coffee calendar. The competition enables local baristas to display their skills and creativity using the same MilkLab products now available in supermarkets.

    MilkLab’s Partnership Strategy

    In another strategic move, the company has partnered with Allpress Espresso. This partnership will see MilkLab Almond, Oat, and Lactose Free become the alternative milk of choice in Allpress cafes in Australia.

    Melanie Ung, brand manager at MilkLab, expressed her excitement about the partnership stating, “Allpress is a respected name in this industry, and we are thrilled to be the brand behind their bar. We believe this partnership aligns perfectly with our values and standards, and what we believe the barista experience should be.”

    The company anticipates that this collaboration will strengthen MilkLab’s leadership in the highly competitive plant-based milk category.

    Questions & Answers

    What are the MilkLab products now available in New Zealand?
    The MilkLab Almond and MilkLab Oat are now available in New Zealand.

    What is the significance of the MilkLab expansion into New Zealand’s market?
    This expansion allows MilkLab to tap into the growing demand for dairy alternatives in a country with a rich coffee culture.

    What is the new partnership between MilkLab and Allpress Espresso?
    MilkLab has partnered with Allpress Espresso to become the alternative milk of choice in all Allpress cafes in Australia.