Annual Report 2025

THE CHALLENGE
Comvita entered 2025 in a rebuilding phase, tightening operations, refocusing on cashflow, and marking 50 years in business. Midway through the Annual Report project, the announcement of a Scheme Implementation Agreement with Florenz Limited changed everything. The report now had to deliver on three fronts: meet strict regulatory requirements, reassure shareholders during a high-stakes acquisition process, and honour the company’s legacy.

THE THINKING
Wave pivoted quickly, shifting tone from modest optimism to calm, authoritative transparency. We stripped back design to reinforce credibility, shaped the narrative to balance heritage with financial realities, and managed rapid proofing across legal, board, and investor stakeholders. The Annual Report became less about glossy storytelling and more about demonstrating clear leadership in uncertain times.

THE RESULT
The 2025 Annual Report delivered transparency and clarity at a decisive moment. It reassured shareholders, supported analyst commentary, and fulfilled compliance requirements while celebrating 50 years of Comvita. More than a reporting tool, it acted as a steadying voice through transition, showing how clear design and communication can help shape the future as much as reflect the past.

WHY IT MATTERS
For Comvita, the Annual Report was about more than performance, it was about leadership through transition and setting the stage for future ownership. For Wave, it showed agility and the ability to deliver clarity in high-stakes moments, proving the power of design to steady the present and shape the future.