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

NZ watchful as bird flu spreads to US dairy cows
Primary Sector

NZ watchful as bird flu spreads to US dairy cows

The US outbreak is the first time the virus has been found in cows. 

Warning to NZ primary sector: avoid 'commoditised B2B'
Primary Sector

Warning to NZ primary sector: avoid 'commoditised B2B'

Speaking at an event about food and fibre, the former Unilever CEO did not mince words.

Coal mine consent restrictions to ease
Primary Sector

Coal mine consent restrictions to ease

Coal mine resource consents will be treated like any extractive mining application.

Pattrick Smellie 16 Apr 2024
The high cost of food and fibre caution
Primary Sector

The high cost of food and fibre caution

Report say food & fibre sector holds good potential for NZ to grow its export footprint.

Dileepa Fonseka 16 Apr 2024