Comvita vows a back-to-basics approach after $6.5m half-year loss

Comvita is still working through an industry honey glut. (Image: Hunter-Reilly)

Tue, 25 Feb 2025

Comvita has reported a $6.5 million loss for the half-year to December 2024 but said it was stabilising and getting back to basics in line with market conditions.The mānuka honey company is looking to reset its culture after what chief executive Brett Hewlett described as a lack of trust because of mounting losses and accounting irregularities.Speaking at a shareholders' meeting on Feb 25, Hewlett said: “We acknowledge the erosion of trust that’s taken place as we’ve had to present a number of bad news results and tha...

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