Quote Originally Posted by sartis888 View Post
I agree.

The recent half year results show that Comvita has turned the ship around. The one area that is holding them back is related to the Covid-19 pandemic.

From the recent half year results: 'The business in Australia and New Zealand has traditionally been focused on tourism, travel, Daigou ...' and 'COVID disruptions have had a material impact on revenue and earnings (particularly in Australia).'

There is no doubt that the new Covid-19 vaccines are game changers. Although it will take time, the probability that all of the factors mentioned above (tourism, travel, Daigou) will improve is high.
Working with THG to aim for 50% of CVT's sales being online by 2025 makes good sense to me.I think online takes CVT closer to their customers,and will mean Diagou and tourism channels will be largely superseded.
We brought our last jar of Comvita Manuka Honey on line.