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Comvita poised to ride out a recession

The honey exporter has just posted a record half-year result.

The company forecasted double-digit earnings growth in FY23.

NZX-listed manuka honey exporter Comvita is unperturbed about the harmful effects of a possible recession. 

The Reserve Bank, fresh from hiking the official cash rate by another 50 basis points to 4.75%, is forecasting a short and sharp recession later this year, as the effects of rising interest

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Nicholas Pointon Thu, 23 Feb 2023
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Comvita poised to ride out a recession
Investment,
97868
true