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Investment
3 mins to read
2

Savor announces new venues alongside Covid-driven loss

The hospitality business has just settled a $2m private placement.

Savor chief executive Lucien Law.

Andrew Bevin Tue, 31 May 2022

Savor Group posted a $5 million loss for its Covid dampened 2022 financial year, but its acquisition of Hip Group has seen revenue increase 90%.

Alongside releasing its results yesterday afternoon, the NZX-listed hospitality company (formerly Moa Group) also announced a $2m private placement and new

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Andrew Bevin Tue, 31 May 2022
Contact the Writer: andrew@nbr.co.nz
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Company profile
Powered by: nzx logo
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
Related News
Investment

Savor sees strong bookings, eager to reopen
General Business

Cushings increase Savor stake to 14.5%
General Business
4

Geoff Ross looks forward not back
Savor announces new venues alongside Covid-driven loss
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