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

Card spending eases in November vs October
Retail

Card spending eases in November vs October

But there is cheer for the hospitality industry. 

ForBarr raises Hallenstein Glasson target price 20%
Retail

ForBarr raises Hallenstein Glasson target price 20%

The outlook in the golden country is golden, they say.

Gregor Thompson 11 Dec 2024
Supermarkets say ‘errors’ behind ComCom criminal charges
Retail

Supermarkets say ‘errors’ behind ComCom criminal charges

ComCom has filed criminal charges against Woolworths and two Foodstuffs supermarkets. 

Gregor Thompson 11 Dec 2024
NZSA opposes Hallensteins chair re-election
Retail

NZSA opposes Hallensteins chair re-election

Hallenstein Glasson chair Warren Bell was appointed to the board in 1986.

Gregor Thompson 10 Dec 2024