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Friday 20 May 2022

Honey

Apiculture NZ flags World Bee Day 19th May 2022 /

Apiculture NZ flags World Bee Day

Building a better future for bees is the focus of this year’s World Bee Day on Friday 20 May, says Apiculture New Zealand.


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.


Apiculture NZ secures funding for honey sector strategy 22nd April 2022 /

Apiculture NZ secures funding for honey sector strategy

Apiculture New Zealand has successfully secured funding from the Ministry for Primary Industries’ Sustainable Food and Fibre Futures fund, for a two-year project that will help identify how sector can achieve sustainable growth.


Business awards gongs for Auckland F&B 4th April 2022 /

Business awards gongs for Auckland F&B

Manuka honey manufacturer Wilderness Valley was the People’s Choice winner at the Westpac Auckland Business Awards 2021 south and east region.


More than 100k hives lost in winter 2021 – Biosecurity NZ 17th March 2022 /

More than 100k hives lost in winter 2021 – Biosecurity NZ

Biosecurity New Zealand’s annual Winter Colony Loss survey shows 13.6% of hives were lost in 2021, up 2.3% on the previous year because of growth in varroa mite and related complications.


Me Today seeks $6m raise approval after “disappointing” King Honey projections 2nd March 2022 /

Me Today seeks $6m raise approval after “disappointing” King Honey projections

Me Today Group has called a special meeting for Friday 18 March to seek approval from shareholders for a $6m placement of additional share capital.


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”.


The Perry Group seeks scale with mānuka honey acquisition 16th February 2022 /

The Perry Group seeks scale with mānuka honey acquisition

The investor expands its new mānuka honey platform with the addition of a second business.


NZ honey sector to appeal manuka honey ruling 4th February 2022

NZ honey sector to appeal manuka honey ruling

New Zealand’s honey sector is appealing a UK Intellectual Property Office decision that declined a manuka honey trademark application.


Honey production down, exports up 3rd December 2021 /

Honey production down, exports up

New Zealand’s national honey production in the 2020-21 season was down 24% on the previous season to 20,500 tonnes, according to the Ministry for Primary Industries.


Me Today forced to raise $6m after King Honey inventory surprise 29th November 2021 /

Me Today forced to raise $6m after King Honey inventory surprise

The healthcare and wellness company turns to shareholders to stump up funds because of “cashflow pressure” following its King Honey acquisition.


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.


Zealandia Honey’s $8,888 limited release 19th October 2021 /

Zealandia Honey’s $8,888 limited release

Is it food or is it art? Either way, a jar of Mars ZH21 could be yours for a cool $8,888.


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.


Sweet success for researchers seeking cause of Unique Mānuka Factor 30th September 2021 /

Sweet success for researchers seeking cause of Unique Mānuka Factor

New research that has found how mānuka flowers create the Unique Mānuka Factor in honey could help New Zealand producers.


Me Today warns of lower King Honey sales after China inventory surprise 24th September 2021

Me Today warns of lower King Honey sales after China inventory surprise

The healthcare and wellness company says sales of King Honey product will be “considerably less” than expected.


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.


Honey exports on track for 13% growth 5th July 2021

Honey exports on track for 13% growth

Honey exports are on track to rise 13% to $480m in 2020-21 according to MPI’s latest Situation and Outlook for Primary Industries.


Apiculture NZ crowns national honey competition winners 29th June 2021 /

Apiculture NZ crowns national honey competition winners

Timaru-based Jarved Allan of 100% Pure New Zealand Honey took home the supreme award at Apiculture New Zealand’s National Honey Competition.


‘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’.


Me Today shareholders sign off $36m King Honey deal 28th June 2021 /

Me Today shareholders sign off $36m King Honey deal

Me Today shareholders have approved the $36m purchase of King Honey with an overwhelming 99.99% vote in favour.


NZ triumphs at Black Jar honey contest 14th June 2021

NZ triumphs at Black Jar honey contest

New Zealand honey company Manawa Honey has won the grand prize at the 10th Black Jar Contest.


Me Today opens $3.75m retail offer 11th June 2021

Me Today opens $3.75m retail offer

Me Today announces opening of a $3.75m offer to retail investors as part of its plan to raise up to $15.75m to part-fun its $36m purchase of King Honey.


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.


Me Today gets $10m of wholesale support 3rd June 2021 /

Me Today gets $10m of wholesale support

Me Today’s proposed $15.75m capital raise which will part fund its $36m purchase of King Honey from Sky co-founder Terry Jarvis has won support from wholesale investors.


Me Today adds King Honey with $36m deal 1st June 2021 /

Me Today adds King Honey with $36m deal

Healthcare company Me Today has expanded its existing lifestyle, health and wellness businesses with the $36m purchase of manuka honey producer King Honey from Sky TV co-founder Terry Jarvis.


Buzz gathers for Apiculture NZ conference 25th May 2021 /

Buzz gathers for Apiculture NZ conference

The 2021 Apiculture New Zealand Conference will see hundreds of beekeepers and others from the industry gather in Rotorua next month after the event was scuppered by Covid-19 last year.


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 .


EPA seeks glyphosate info after honey worries 29th April 2021

EPA seeks glyphosate info after honey worries

The Environmental Protection Authority is calling for information on the use of the herbicide glyphosate in New Zealand in a move that could have ramifications for New Zealand $490m honey MORE »


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.


100k bee colonies lost in 2020 – survey 12th April 2021 /

100k bee colonies lost in 2020 – survey

Winter loss rates of bee colonies in New Zealand has continued to rise, with deaths increasing for the sixth year in a row.


Myrtle rust infection discovered on mānuka seeds 8th April 2021 /

Myrtle rust infection discovered on mānuka seeds

Researchers have observed myrtle rust infection on mānuka seed capsules.


Egmont Honey expands as sales process gathers pace 31st March 2021 /

Egmont Honey expands as sales process gathers pace

Manuka honey business Egmont Honey is launching a new health supplement range in Australia with major retailer Coles.


Designing diverse plantings to support non-bee and bee pollinators 5th March 2021 /

Designing diverse plantings to support non-bee and bee pollinators

Scientists from Plant & Food Research have demonstrated the concept of designing mixed species native plantings to optimise bee and non-bee crop pollinators.


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.


Honey export revenue reaches $425m – MPI 22nd February 2021 /

Honey export revenue reaches $425m – MPI

Ongoing strong demand and expansion into new markets could see another successful year for NZ honey exports.


Comvita Singles Day revenue jumps 17% 26th November 2020

Comvita Singles Day revenue jumps 17%

Mānuka honey company Comvita says it reported strong sales in the online shopping event.


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.


Study could help boost production of high-grade mānuka honey 22nd September 2020

Study could help boost production of high-grade mānuka honey

A new study into mānuka leaves could help maximise the production of high-grade honey.