23rd February 2024 Comvita / M&AComvita calls in a team of advisers after an unnamed overseas party made a non-binding takeover offer at a “significant premium” to the firm’s current share price.
21st February 2024 Comvita / HoneyCEO David Banfield says the latest results are disappointing but reflect trading conditions.
2nd February 2024 ComvitaNew Zealand Stock Exchange-listed mānuka honey company, Comvita, saw its shares fall to a 12-year low yesterday.
1st February 2024 ComvitaA slowdown of US and China sales for the mānuka honey company is set to crystallise into a half year loss, forcing it to slash its full-year guidance.
7th December 2023 Comvita / SFFComvita and Silver Fern Farms took home gongs from this year’s Deloitte Top 200 Awards.
28th November 2023 ComvitaMānuka honey specialist Comvita saw its share price dive more than 13% following an earnings downgrade.
27th November 2023 ComvitaThe mānuka honey specialist says it will struggle to deliver its promised double-digit earnings growth in its 2024 financial year as demand in its core China and US markets softens.
30th August 2023 Comvita / HoneyComvita has co-sponsored the first Honey Research symposium at Queenstown Research Week.
22nd August 2023 Comvita / HoneyThe honey company says all of its market segments have reported double-digit revenue growth, with Greater China breaking the $100m mark for the first time.
18th August 2023 Comvita / HoneyComvita has received B Corp Certification.
4th July 2023 Comvita / M&AComvita makes good on its pledge to consolidate ownership of the mānuka honey sector, buying Singapore’s HoneyWorld.
3rd July 2023 China / ComvitaComvita has signed what the company described as “a significant long term partnership” with Olé supermarkets in China.
28th June 2023 China / ComvitaMānuka honey specialist Comvita reported record sales in the recent 618 shopping festival in China, up 12% compared with last year’s event.
2nd May 2023 ComvitaThe mānuka honey exporter credits its break-even harvest model for seeing it through the challenging season, which has seen volumes fall sharply.
15th March 2023 ComvitaMānuka honey company Comvita says its skincare joint venture in the US, Caravan Honey, has managed to secure its funds from Silicon Valley Bank.
13th March 2023 Comvita / North AmericaThe mānuka honey company’s Caravan Honey venture has US$2.5m with the failed Silicon Valley Bank, which it cannot access.
23rd February 2023 ComvitaMānuka honey company Comvita has delivered a barnstorming set of interims results setting records for a 61% increase in operating profit to $11.6m in the six months to 31 December.
21st February 2023 Comvita / DelegatComvita will likely write off its Hawke’s Bay honey facility, while Delegat and Terra Vitae gain access to their sites.
30th September 2022 Comvita / Me TodayManuka honey specialist Comvita has laid out a bullish forecast at its annual shareholder meeting, in contrast with Me Today, whose troubled acquisition of King Honey continues to drag the business.
25th August 2022 Comvita / Honey“The result shared today gives more evidence we can deliver revenue, margin and earnings growth while investing in long term brand and business building activity,” says chair Brett Hewlett.
12th July 2022 Comvita / HoneySales to the US$1.4bn market currently only comprise 3% of Comvita’s $192m revenue, but that is set to change following EU FTA.
13th June 2022 Comvita / HoneyComvita is forecasting that its full-year reported EBITDA is expected to be in a range of $28.5m – $30m, for the year ending June 2022.
31st May 2022 Comvita / M&AComvita has scotched reports that it is in talks over a proposed take-private by shareholder CR Capital Management, the investment arm of Chine Resources Holdings Co.
12th May 2022 Comvita / HoneyComvita has reported an unaudited EBITDA of $23.9m – around 93% of FY21 full year actuals – in a market update on its performance for the 10 months to the end of April.
19th April 2022 Comvita / TechnologyComvita’s mixed reality Mānuka honey tasting experience, developed in partnership with Microsoft, is set to become part of everyday trading at some Asia stores, following a showcase of the retail technology at New Zealand Expo in Dubai.
29th March 2022 Charity / ComvitaComvita has teamed up with Save the Kiwi in what it describes as a “significant sponsorship agreement” that will ultimately provide safe habitat for the iconic birds across the North Island.
24th February 2022 Comvita / HoneyThe company says it wants to consolidate ownership of the mānuka honey sector to generate operating leverage and drive “higher category standards”.
17th November 2021 Comvita / HoneyMānuka honey company Comvita said it recorded record sales in line with its forecasts for November’s Singles Day or 11:11 – the world’s biggest shopping event and key event in its focus growth market of China.
12th October 2021 Comvita / HoneyComvita has reported its first quarter EBITDA improved by 10.6% compared with Q1 last year.
7th October 2021 Comvita / Expo 2020Mānuka honey exporter Comvita has launched an immersive experience at Expo 2020 Dubai to bring bees, people and nature together.
16th September 2021 Comvita / HoneyComvita has released its annual report and its full of insight about how the company sees its operations and markets, including an extensive Q&A with board chair Brett Hewlett and chief executive David Banfield.
7th September 2021 Comvita / HoneyDeveloping a skincare brand means the honey company can promote the benefits of both mānuka and propolis to raise awareness in the US.
2nd September 2021 Comvita / HoneyManuka honey supplier Comvita says it will acquire up to 350,000 of its shares, which are currently trading at about $3.65.
26th August 2021 Comvita / HoneyA turnaround is taking hold at the honey company, which is focussed on growth in the world’s two biggest honey markets, China and the US.
17th August 2021 ComvitaComvita’s Wellness Lab in Auckland has been shortlisted in the New Zealand Best Design Awards 2021.
28th June 2021 Comvita / HoneyIt’s back to basics for the honey company, which the CEO says had become overly complex and ‘disconnected from consumers’.
3rd June 2021 Comvita / HoneyManuka honey company Comvita’s in-house honey testing laboratory has been awarded accreditation under the International Accreditation New Zealand Laboratory Accreditation Programme.
24th May 2021 Comvita / HoneyEight senior staffers have accessed Comvita’s new share purchase and loan scheme which has seen the company grant loans totalling $2.28m .
14th April 2021 Comvita / HoneyManuka honey company Comvita has revised its earnings forecast up on the back of strong growth in China and the US.
26th February 2021 Comvita / HoneyThe honey company took “radical” steps to recover from a $13m interim loss.
18th February 2021 Comvita / PartnershipsComvita has goal to grow its digital sales to 50% of the total group by 2025.
27th October 2020 Comvita / HoneyComvita has reported “strong” results in its first quarter, posting double-digit revenue growth.
