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Friday 20 May 2022

Comvita

Comvita holds FY earnings guidance at $27m-$30m 12th May 2022 /

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

Comvita 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.


Comvita x Microsoft mixed reality goes to Asia 19th April 2022 /

Comvita x Microsoft mixed reality goes to Asia

Comvita’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.


Comvita steps up to Save the Kiwi 29th March 2022 /

Comvita steps up to Save the Kiwi

Comvita 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.


Comvita hits acquisition trail, no dice on first target 24th February 2022 /

Comvita hits acquisition trail, no dice on first target

The company says it wants to consolidate ownership of the mānuka honey sector to generate operating leverage and drive “higher category standards”.


Record sales for Comvita on China’s Singles Day 17th November 2021 /

Record sales for Comvita on China’s Singles Day

Mānuka 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.


Comvita signals ‘strong’ Q1 earnings 12th October 2021 /

Comvita signals ‘strong’ Q1 earnings

Comvita has reported its first quarter EBITDA improved by 10.6% compared with Q1 last year.


Comvita launches Expo 2020 experience 7th October 2021 /

Comvita launches Expo 2020 experience

Mānuka honey exporter Comvita has launched an immersive experience at Expo 2020 Dubai to bring bees, people and nature together.


How Comvita’s ‘unique’ model helped drive its $19m turnaround 16th September 2021 /

How Comvita’s ‘unique’ model helped drive its $19m turnaround

Comvita 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.


Comvita wants to win over US with celeb-backed brand 7th September 2021 /

Comvita wants to win over US with celeb-backed brand

Developing a skincare brand means the honey company can promote the benefits of both mānuka and propolis to raise awareness in the US.


Comvita launches share buy-back scheme 2nd September 2021 /

Comvita launches share buy-back scheme

Manuka honey supplier Comvita says it will acquire up to 350,000 of its shares, which are currently trading at about $3.65.


Comvita posts $9.5m profit, resumes dividend 26th August 2021 /

Comvita posts $9.5m profit, resumes dividend

A 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.


Comvita’s Wellness Lab shortlisted for design gong 17th August 2021

Comvita’s Wellness Lab shortlisted for design gong

Comvita’s Wellness Lab in Auckland has been shortlisted in the New Zealand Best Design Awards 2021.


‘Simplicity, focus’ – Comvita’s David Banfield’s turnaround mantra 28th June 2021 /

‘Simplicity, focus’ – Comvita’s David Banfield’s turnaround mantra

It’s back to basics for the honey company, which the CEO says had become overly complex and ‘disconnected from consumers’.


Dual accreditation for Comvita lab 3rd June 2021 /

Dual accreditation for Comvita lab

Manuka honey company Comvita’s in-house honey testing laboratory has been awarded accreditation under the International Accreditation New Zealand Laboratory Accreditation Programme.


Comvita leadership takes up $2.3m in shares 24th May 2021 /

Comvita leadership takes up $2.3m in shares

Eight senior staffers have accessed Comvita’s new share purchase and loan scheme which has seen the company grant loans totalling $2.28m .


Comvita upgrades guidance after strong Q3 14th April 2021 /

Comvita upgrades guidance after strong Q3

Manuka honey company Comvita has revised its earnings forecast up on the back of strong growth in China and the US.


Comvita turnaround puts it back in the black 26th February 2021 /

Comvita turnaround puts it back in the black

The honey company took “radical” steps to recover from a $13m interim loss.


Comvita partners with UK’s THG to accelerate revenue 18th February 2021 /

Comvita partners with UK’s THG to accelerate revenue

Comvita has goal to grow its digital sales to 50% of the total group by 2025.


Comvita reports ‘strong’ revenue growth, despite loss 27th October 2020 /

Comvita reports ‘strong’ revenue growth, despite loss

Comvita has reported “strong” results in its first quarter, posting double-digit revenue growth.