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Hot Topic Hawke's Bay
Hot Topic Hawke's Bay
Investment
3 mins to read

Savor announces new venues alongside Covid-driven loss

The hospitality business has just settled a $2m private placement.

Savor chief executive Lucien Law.

Andrew Bevin Tue, 31 May 2022

Savor Group posted a $5 million loss for its Covid dampened 2022 financial year, but its acquisition of Hip Group has seen revenue increase 90%.

Alongside releasing its results yesterday afternoon, the NZX-listed hospitality company (formerly Moa Group) also announced a $2m private placement and new

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Andrew Bevin Tue, 31 May 2022
Contact the Writer: andrew@nbr.co.nz
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Savor announces new venues alongside Covid-driven loss
Investment,
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