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Comvita downgrades profit guidance

Comvita has attributed a downgraded loss to aggressive competition and the associated gross margin pressure.

Mānuka flowers.

Kate McVicar Thu, 19 Dec 2024

Comvita has warned shareholders of a significant profit downgrade as it closes out the first half of its 2025 fiscal year. 

Through a trading update to the NZX, the listed honey and wellness company forecasted a net loss after tax of between $6.5 million and $7.5m, a steep decline from the $3.2m

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Kate McVicar Thu, 19 Dec 2024
Contact the Writer: kate@nbr.co.nz
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Comvita downgrades profit guidance
Investment,
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