Brief: Comvita Says Gaining Market Share, Forecasting A Record Q4

Comvita

02/05/2023 02:09

May 2 (Reuters) - Comvita Ltd  CVT.NZ :
    * WE ARE GAINING MARKET SHARE AND ARE FORECASTING A RECORD
Q4
    * ON TRACK TO DELIVER OUR FY25 TARGET OF NZ$50M  EBITDA
    * NET DEBT STILL EXPECTED TO FALL BY ABOUT 20% FROM REPORTED
LEVEL
AT HY
    * INITIAL INDICATIONS OF STRONG FORECAST DEMAND CONTINUING
INTO Q1
FY24
    * HAWKES BAY TEAM NOW OPERATING FROM A TEMPORARY BASE IN
REGION

Further company coverage:  CVT.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))