Vitaco downplays loss of Trilogy agency contract, affirms annual guidance

Wed, 24 Feb 2016

By Paul McBeth Feb. 24 (BusinessDesk) - Vitaco Holdings is downplaying the loss of an agency contract with New Zealand skincare maker Trilogy International, saying it frees up the ASX-listed food supplements company to focus on higher-margin business. Vitaco, which was formed through the merger of Healtheries New Zealand and Nutra-Life & Fitness, said its agency manufacturing and distribution agreement with Trilogy will end on June 30 of this year, reducing annual earnings before interest, tax, depreciation and amortisation in the 2017 y...

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