Edison Investment Research

Research results

Comvita

Termination of coverage

Update | Food & Drink | 16/10/2017

Edison Investment Research is terminating coverage on Comvita (CVT). Please note you should no longer rely on any previous research or estimates for t...

Comvita

From the hive to the shelf

Update | Food & Drink | 15/05/2016

Comvita (CVT) has put the building blocks in place to grow sales to more than NZ$400m within five years (we are estimating FY20 sales of NZ$440m) and ...

Comvita

Joint venture with Capilano in Australia

Flash note | Food & Drink | 02/03/2016

Comvita (CVT) plans to leverage its premium brand positioning, exploit its established distribution channels and use its control of raw material sourc...

Comvita

More honey, more money

Update | Food & Drink | 15/11/2015

Comvita (CVT) achieved a NZ$8.7m turnaround in the six months to September 2015 pre-tax profit (y-o-y) to NZ$5.1m and upgraded its full year NPAT guid...

Comvita

Honey in the pot

Update | Food & Drink | 12/08/2015

Comvita (CVT) is on its way to achieving NZ$400m in sales revenue by FY20. It continues to benefit from locking in its honey supply and the investment...

Comvita

Looking sweet

Update | Food & Drink | 01/06/2015

Comvita (CVT) has locked up about half its requisite honey supply through acquisitions and investments in apiaries. This, together with investment in ...

Comvita

Rights issue and H1 results

Update | Food & Drink | 18/12/2014

Comvita delivered H1 EBITDA of NZ$0.6m and a post-tax loss of NZ$3.3m, slightly better than guidance. The company has also raised NZ$24.4m via a 1:5 r...

Comvita

Manuka honey: health and well-being play

Initiation | Food & Drink | 28/08/2014

Comvita is a natural health products manufacturer and marketer focused on manuka honey, bee products and fresh olive leaf extract. It sells a range of...