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
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