Comvita predicts sweet profit after tax of more than $20m in 2025

Comvita predicts sweet profit after tax of more than $20m in 2025
Staff numbers at Comvita have risen to 630 after its purchase of honey retailer HoneyWorld Singapore. (Image: BusinessDesk)
Rebecca Stevenson
Honey company Comvita says 91% of its team are now shareholders in the NZX-listed firm. Comvita held its annual meeting in Papamoa on Wednesday. Chairman Brett Hewlett said the honey producer has 559 global staff – or 630, if new staff from its recent acquisition, honey retailer HoneyWorld Singapore, were counted. He said one of the “great challenges” for corporations is attracting and retaining talent. “The board have been extremely supportive of the management's multiple initiatives to...

More Markets

NZ sharemarket up 0.5% ahead of long weekend
Markets Market Close

NZ sharemarket up 0.5% ahead of long weekend

Pacific Edge's share price fell 7.32%.

Tom Raynel 24 Apr 2025
Pacific Edge suffers another setback in US
Markets

Pacific Edge suffers another setback in US

Shares in cancer diagnostics company Pacific Edge are down 2.44% to $0.120 after another setback in the US market.The US District Court for the Middle District of Pennsylvania has determined that it does not have jurisdiction to review a Local Coverage Determination (LCD) that co...

Staff reporters 24 Apr 2025
Listed retailers stand to gain from Trump tariffs:  Forsyth Barr
Retail

Listed retailers stand to gain from Trump tariffs: Forsyth Barr

Forsyth Barr lifted its KMD Brands target price by 10.4% after Trump tariff walkbacks.

Gregor Thompson 24 Apr 2025
NZ sharemarket rises as Trump backs down
Markets Market Close

NZ sharemarket rises as Trump backs down

The S&P/NZX 50 Index closed up 1.01% or 119.78 points.

Tom Raynel 23 Apr 2025