New Zealand's Comvita rises after upgrading full-year earnings outlook

Comvita

16/03/2026 03:08

** Shares of New Zealand's Comvita CVT.NZ rise 1.4% to NZ$0.71, hitting their highest level since February 27

** The honey producer revises full-year normalised EBIT guidance upward by around  NZ$1.2 million ($696,960)  to approximately  NZ$15.5 million

** Around 67,400 shares change hands, 2.9x the avg 30-day trading volume

** YTD, shares have gained 39.8%

($1 = 1.7218 New Zealand dollars)

 (Reporting by Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com))