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Saturday 21 May 2022

Comvita holds FY earnings guidance at $27m-$30m

12th May 2022 By Staff Reporter | news@foodticker.co.nz | @foodtickernz

Comvita has reported an unaudited EBITDA of $23.9m – around 93% of FY22 full year actuals – in a market update on its performance for the 10 months to the end of April 2022.

The mānuka honey exporter said it was still forecasting to deliver in line with its guidance of EBITDA $27m – $30m for the full year ending June 2022.

It added that its unaudited operating profit to the end of April increased by 29% versus the previous corresponding period.

Comvita also said that any impacts of continued supply chain disruption due to mainland China’s Covid-19 lockdowns “will be manageable”.

 

 


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