39 min
Comvita - David Banfield This Climate Business
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- Business
Comvita is a publicly listed mānuka honey specialist – the OG of mānuka money if you like. For a moment it was a sharemarket darling peaking in 2015 but since then languishing as it posted losses and a stockpile of product it couldn’t shift. Enter David Banfield in 2020. A spectacular financial result in February this year signal perhaps a reversal in fortunes. With success in China and the USA, the company has posted record sales and profitability. It’s also written a bold sustainability
plan called Harmony promising to be climate and sustainability leader. Vincent was joined by the CEO David Banfield.
Comvita is a publicly listed mānuka honey specialist – the OG of mānuka money if you like. For a moment it was a sharemarket darling peaking in 2015 but since then languishing as it posted losses and a stockpile of product it couldn’t shift. Enter David Banfield in 2020. A spectacular financial result in February this year signal perhaps a reversal in fortunes. With success in China and the USA, the company has posted record sales and profitability. It’s also written a bold sustainability
plan called Harmony promising to be climate and sustainability leader. Vincent was joined by the CEO David Banfield.
39 min
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