Comvita Ltd (OTCPK:CVNZF)
$ 0.6828 0 (0%) Market Cap: 100.72 Mil Enterprise Value: 167.25 Mil PE Ratio: 22.12 PB Ratio: 0.34 GF Score: 55/100

Full Year 2023 Comvita Ltd Earnings Call Transcript

Aug 21, 2023 / 11:00PM GMT
Release Date Price: $1.87
Nigel Greenwood
Comvita Limited - CFO

Welcome, everyone, to the Comvita FY '23 Full Year Results Presentation. My name is Nigel Greenwood, CFO. Online attendees can submit a written question at any time by clicking the Ask a Question button on your screen during the presentation. Your questions will be answered at the end of the presentation.

I will now hand over to David Banfield, CEO.

David Banfield
Comvita Limited - CEO, MD & Director

Tena koutou, Tena koutou, Tena koutou. Nau mai, haere mai. Good morning, ladies and gentlemen, fellow shareholders, and welcome to the Comvita FY '23 results presentation. The theme for this presentation is Poised For Takeoff, and we're looking forward to sharing with you the progress that we're making across the business. I'll start today's presentation on Page 3.

I'm delighted to report that Comvita delivered record sales of $234 million in FY '23, a $25 million or 12.1% increase versus the PCP. Even more encouraging was that H2 revenue increased by 17.4% versus PCP. Our earnings, which is EBITDA

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