Moa Group posts 'positive ebitda' for summer quarter

Mon, 25 Mar 2019

By Margreet Dietz March 26 (BusinessDesk) - Moa Group, a brewer which has reported losses since listing in 2012, said it posted positive earnings over the summer quarter and is on track to achieve "near break-even profitability” for the six months ending March 31. Moa achieved "positive” earnings before interest, tax, depreciation and amortisation in the three months ended February, it said in a statement. In November last year, the Auckland-based company said it was aiming to break-even at the operating level in the six months ended...

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