AFT guides to upper end of forecast as virus boosts sales

AFT guides to upper end of forecast as virus boosts sales
Jenny Ruth
AFT Pharmaceuticals is reporting brisk demand for its cold and influenza-related medicines amid the unfolding coronavirus crisis, although that may not be enough to fully offset the supply-chain disruptions it is grappling with."As news of the covid-19 outbreak emerged at the start of this year, we moved quickly to significantly build stocks of our key medicines in Australasia and we have been rewarded for this foresight," managing director Hartley Atkinson said in a statement."By way of example, we sold $1.2 million of vitamin C lipo-sachets i...

More Retail

Popeyes gives KFC some crispy competition
Retail

Popeyes gives KFC some crispy competition

Tahua Group is going after Restaurant Brands’ golden goose (chicken).

Dual-listed retailers kick off 2025 with mixed results
Retail

Dual-listed retailers kick off 2025 with mixed results

KMD Brands and Michael Hill both reported lower-than-expected earnings guidance.

Gregor Thompson 27 Jan 2025
Woolworths NZ managing director resigns
Retail

Woolworths NZ managing director resigns

He will return to South Africa. 

Gregor Thompson 23 Jan 2025
Body Shop in administration, all 16 stores to close
Retail

Body Shop in administration, all 16 stores to close

Administrators said 70 employees will lose their jobs. 

Gregor Thompson 22 Jan 2025