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Comvita overly dependent on one market, chairman says

Comvita recieves rating downgrades from analysts on back of earnings volatility.

Calida Smylie
Thu, 06 Apr 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

Comvita was hit with a double whammy in its latest financial year and that serves as a reminder the business needs to diversify, chairman Neil Craig says.

The listed honey company saw the biggest decline on the S&P/NZX50 yesterday – its shares fell 17% from $8.60 to $7.10 – after it downgraded

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Calida Smylie
Thu, 06 Apr 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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Comvita overly dependent on one market, chairman says
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