12th October 2021 Comvita / Honey
Comvita has reported its first quarter EBITDA improved by 10.6% compared with Q1 last year.
Mānuka honey exporter Comvita has launched an immersive experience at Expo 2020 Dubai to bring bees, people and nature together.
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.
Developing a skincare brand means the honey company can promote the benefits of both mānuka and propolis to raise awareness in the US.
Manuka honey supplier Comvita says it will acquire up to 350,000 of its shares, which are currently trading at about $3.65.
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 in Auckland has been shortlisted in the New Zealand Best Design Awards 2021.
It’s back to basics for the honey company, which the CEO says had become overly complex and ‘disconnected from consumers’.
Manuka honey company Comvita’s in-house honey testing laboratory has been awarded accreditation under the International Accreditation New Zealand Laboratory Accreditation Programme.
Eight senior staffers have accessed Comvita’s new share purchase and loan scheme which has seen the company grant loans totalling $2.28m .
Manuka honey company Comvita has revised its earnings forecast up on the back of strong growth in China and the US.
The honey company took “radical” steps to recover from a $13m interim loss.
Comvita has goal to grow its digital sales to 50% of the total group by 2025.
Comvita has reported “strong” results in its first quarter, posting double-digit revenue growth.