Brief: Comvita Says Hawkes Bay Facility Suffered Extensive Damage

Comvita

20/02/2023 20:35

Feb 21 (Reuters) - Comvita  CVT.NZ :
    * FACILITY HAS SUFFERED EXTENSIVE DAMAGE OVER CYCLONE
GABRIELLE
    * FOR FACILITY, WE HAVE FULL INSURANCE COVER IN PLACE AND DO
NOT
ANTICIPATE ANY MATERIAL IMPACT ON OUR FINANCIAL RESULTS
    * WILL TAKE SOME TIME TO FULLY UNDERSTAND EXTENT OF IMPACT
FOR ALL
THOSE EFFECTED
    * OUR WORKING HYPOTHESIS IS THAT SITE AT HAWKES BAY WILL BE
WRITTEN OFF IN ITS ENTIRETY
    * WORKING CLOSELY WITH INSURERS TO GET ASSESSMENT COMPLETED
TO
START PROCESS OF CLEANING UP SITE
    * MOVED EXTRACTION IN HAWKES BAY TO ONE OF OUR OTHER
FACILITIES
    * DO NOT EXPECT ANY MATERIAL IMPACT TO OUR DAILY OPERATIONS

Further company coverage:  CVT.NZ 
 ((Reuters.Briefs@thomsonreuters.com;))