UPDATE: Comvita shares climb as annual earnings beat guidance, outlook improves

Tue, 22 Aug 2017

(Recasts lede to include market reaction, adds comment from chief executive, analyst, updates share price) By Rebecca Howard Aug. 22 (BusinessDesk) - Comvita shares jumped 10 percent after the natural health products company beat full year guidance and said it expects to return to an operating profit in the current financial year. The Te Puke-based company, which uses Manuka honey, reported a net profit of $9.8 million in the year to June 30 versus $18.5 million in the audited accounts for the 15 months to June 2016 and versus guida...

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