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Moa loss widens from hospitality transformation

The company bought Savor Group as a pivot from a beverage only business.

Andrew Bevin Fri, 26 Jun 2020

NZX listed Moa Group has made a loss of $4 million for the 2020 financial year following the acquisition of Savor Group and subsequent formation of the wider Moa Hospitality Group.

The loss for the year to March 31, 2020 is up from the $3m loss in the 2019 financial year.

Revenue was rose

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Andrew Bevin Fri, 26 Jun 2020
Contact the Writer: andrew@nbr.co.nz
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Moa loss widens from hospitality transformation
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