Comvita was profitable, saw double-digit Q1 sales growth

Comvita was profitable, saw double-digit Q1 sales growth
Jenny Ruth
Comvita's September quarter has produced double-digit revenue growth, strong margins and kept costs in line with expectations, chief executive David Banfield told its annual shareholders' meeting."Including the first quarter of 2021, we have now delivered nine consecutive profitable trading months," Banfield said. "We've made a good start but there is still a long way to go.""We're absolutely focused on delivery of our full-year 2021 result as we reduce inventory, stock-keeping-unit count and look to fur...

More Primary Sector

Zespri on track for 'moderate increase' in volume next year
Primary Sector

Zespri on track for 'moderate increase' in volume next year

Zespri's producer vote to expand global supply passed this week.

Riley Kennedy 12 Dec 2024
Yashili NZ revenue dropped 42%
Primary Sector

Yashili NZ revenue dropped 42%

The Chinese-owned dairy processor’s accounts were due in May.

Riley Kennedy 12 Dec 2024
Zespri growers vote in favour of expanding global supply
Primary Sector

Zespri growers vote in favour of expanding global supply

Zespri’s growers have voted to support the expansion of the kiwifruit marketer’s global supply.A total of 90.6% of voting growers and 93.3% by fruit weight voted in favour of the resolution, which will allocate up to 420 hectares of SunGold fruit per year over six years in Italy,...

Riley Kennedy 11 Dec 2024