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Comvita interim and annual guidance slips

The honey and wellness company pointed to weaker consumer sentiment in markets and a non-cash FX translation loss.

Comvita warns of key drivers hindering trading.

Kate McVicar Thu, 01 Feb 2024

Comvita’s half-year and full-year guidance has dropped, both on a year-on-year basis and on previous forecasts in some cases. 

The news wasn't well received by the market, with the company’s share price dropping close to 11% before midday. 

In a trading update issued to the NZX, Comvita expected

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Kate McVicar Thu, 01 Feb 2024
Contact the Writer: kate@nbr.co.nz
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Comvita interim and annual guidance slips
Investment,
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