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Karl Gradon: Comvita CEO on the company returning to profit in half-year result

Karl Gradon: Comvita CEO on the company returning to profit in half-year result

Published 3 months, 3 weeks ago
Description

Comvita’s half-year result shows the company is seeing a noticeable financial turnaround.

Its result for the six months ended December 31 had revenue up 18.3 percent to $118 million, EBIT up 10.7m to $10m, and debt reduced by $32.9m to $48.7m.

Comvita CEO Karl Gradon says he's proud to see the company return to profitability and he's confident the company's been through the worst of it.

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