{
  "id": 3871406,
  "title": "Comvita FY26 slides: return to profit, North America sales double",
  "url": "https://urgent.news/2026/08/28/comvita-fy26-slides-return-to-profit-north-america-sales-double",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-28T02:39:53.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/company-news/comvita-fy26-slides-return-to-profit-north-america-sales-double-93CH-4880463"
  },
  "original_language": "en",
  "account": null,
  "summary": "Comvita Limited, a New Zealand-based Mānuka honey producer, reported a turnaround in its FY26 results, shifting from a loss to profitability while doubling sales in North America. The company's net profit after tax reached NZD 7.7 million, reversing a substantial loss from the previous year, and revenue grew by 10.7% to NZD 213.0 million. CEO Karl Gradon and CFO Mandy Tomkins-Dancey highlighted the successful completion of a balance sheet reset, repositioning of its geographic revenue mix, and diversification of its market and channel mix. North America emerged as the fastest-growing market, while Greater China's share of total revenue declined. The company's FY26 achievements have fundamentally altered its financial and operational profile, with debt repaid, a more diversified market mix, and stronger operating and capital allocation discipline. Management now shifts focus to ongoing operational improvement and targeted growth.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Comvita FY26 slides: return to profit as North America sales double",
        "url": "https://urgent.news/2026/08/28/comvita-fy26-slides-return-to-profit-as-north-america-sales-double",
        "published": "2026-08-28T02:43:53.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}