Comvita says new strategy should lift annual sales, earnings

Thu, 18 Oct 2018

By Paul McBeth Oct. 18 (BusinessDesk) - Comvita says a new strategy focusing on its core mānuka honey products and securing supply should drive higher sales and earnings. Chief executive Scott Coulter told shareholders at today's annual meeting the new strategy should start paying dividends in the current financial year. That includes splitting Comvita into two separate divisions, one focusing on supply and the other on branding and sales. The company hopes this will lower overhead costs for both divisions and provide a stronger outlook...

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