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Comvita shares jump as investors cheered by result

Rebecca Howard
Thu, 26 Aug 2021

Comvita looks to have turned its fortunes around. (Image: Supplied)
Rebecca Howard
Thu, 26 Aug 2021
Comvita shares were up 5.26% to $3.60 shortly after the honey company reported a profit for the year ended June 30, resumed dividend payments and signalled ongoing growth. “The business has gone through significant change in order to arrive at this point, it hasn’t always been easy, but we know that this is crucial to enable us to deliver the true potential of Comvita,” said chief executive David Banfield. Comvita reported a $9.5 million net profit for the year compared with a $9.7m net loss the previous year.Earning...

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Climate denial, democracy and Vector: inside the Entrust election
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Climate change and dividends are the central issues in yet another bitterly divided election, to which most voters are unlikely to pay any attention.

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