Clarity and credible plan ‘essential’ as Comvita faces squeeze, chair says

Clarity and credible plan ‘essential’ as Comvita faces squeeze, chair says
Comvita is based in the Bay of Plenty. (Image: NZME)
Riley Kennedy
Urgency, clarity and a credible path forward are “essential” for Comvita and its shareholder base, its chair says.The 2025 financial report “exposed the full extent” of the slump in the global honey market and internal challenges, reporting a net loss of $104.8 million with revenue dropping 4% to $192.4 million.Comvita has been under considerable pressure in recent years as it dealt with weakened demand, changing consumer preferences and oversupply from its competitors in New Zealand, particularly in...

More Primary Sector