BUZZ-New Zealand's Comvita rises after upgrading full-year earnings outlook
Reuters03-16
BUZZ-New Zealand's Comvita rises after upgrading full-year earnings outlook
** Shares of New Zealand's Comvita CVT.NZ rise 1.4% to NZ$0.71, hitting their highest level since February 27
** The honey producer revises full-year normalised EBIT guidance upward by around NZ$1.2 million ($696,960) to approximately NZ$15.5 million
** Around 67,400 shares change hands, 2.9x the avg 30-day trading volume
** YTD, shares have gained 39.8%
($1 = 1.7218 New Zealand dollars)
(Reporting by Shruti Agarwal in Bengaluru)
((Shruti.Agarwal@thomsonreuters.com))
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