Comvita warns of “material” impairment charge for FY25
Manuka honey producer Comvita has warned it could book a “material” impairment charge for the 2025 financial year concluding at…
Comvita
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Manuka honey firm Comvita names Karl Gradon new CEO
Comvita has appointed Karl Gradon, a former CEO of a rival Manuka honey producer, as its new CEO. The company, headquartered…
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Comvita reveals restructuring job cuts as first-half losses widen
Comvita has revealed cuts were made in its workforce under a restructuring exercise as the New Zealand-based honey producer reported…
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Comvita’s 2024 loss widens on “accounting irregularities” linked to China
Comvita’s shares took another knock today (9 December) as the Manuka honey business said “accounting irregularities” linked to China would…
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Comvita FY losses greater than flagged
Outgoing Comvita CEO David Banfield said today (29 August) he was “extremely disappointed” with the honey supplier’s annual results, which…
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Comvita chair Brett Hewlett to take CEO reins from David Banfield
Comvita CEO David Banfield is stepping down in favour of chairman Brett Hewlett as the Kiwi Manuka honey maker undergoes…
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Comvita shares dive on impairment charge warning
Comvita shares continued a downward spiral as the Kiwi Manuka honey maker warned profits would be hit further if an…
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Comvita bidder walks away from deal
A potential acquirer of Comvita has ended its interest in doing a deal, the New Zealand honey maker has confirmed.…
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Nestlé’s honey review, Comvita in takeover spotlight, Minerva deal blocked – Just Food’s week in data
Alongside our daily news coverage, features and interviews, the Just Food team sifts through data sets to bring you a…
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Comvita cuts guidance as EBITDA 2025 target out of reach
Comvita has lowered its sales and profit forecasts amid what the Manuka honey maker said was “prolonged weakness” in China.…