A2 Milk CEO Says 'Sales Are Responding Positively At This Point In Time'

The transcript discusses the impact of the coronavirus on a business operating in China. Despite the pandemic, the company has seen strong sales growth in the first two months of the year, driven by increased demand and stockpiling. The company is optimistic but cautious about future performance due to uncertainties. E-commerce trends show rising prices for their products, and the company is working to maintain open distribution channels despite regional lockdowns. They are managing supply chain challenges with the help of their distributor, China State Farm.

What was the initial impact of the coronavirus on the company's business in China?

• Sales remained stable.

• Sales were unaffected.

• Sales decreased significantly.

• Sales increased beyond expectations.

What factors are contributing to the increased sales of the company's products in China?

• Decreased competition

• New product launches

• Stockpiling and market share growth

• Government subsidies

How is the company ensuring the availability of its products in China despite distribution challenges?

• By halting exports

• By collaborating with China State Farm

• By increasing local production

• By reducing product prices

What is the company's strategy to manage inventory during the coronavirus outbreak?

• Relying solely on air freight

• Maintaining good inventory levels and using both sea and air freight

• Focusing only on local distribution

• Reducing inventory to cut costs

What is the role of China State Farm in the company's supply chain strategy?

• They are a financial investor.

• They are a marketing agency.

• They are a logistics partner.

• They are a competitor.