Brief: Cavalier Corp Says Total Sales Volumes For Fy21 Will Be Less Than Last Year

Bremworth

23/12/2020 24:51

Dec 23 (Reuters) - Cavalier Corporation Ltd  CAV.NZ :
    * EXPECTS NEW ZEALAND WOOLLEN CARPET SALES VOLUMES FOR FY21
TO BE
WELL UP ON PRIOR YEAR
    * TOTAL SALES VOLUMES FOR FY21 WILL BE LESS THAN LAST YEAR
    * STRONGER THAN EXPECTED TRADING SO FAR IN HY21, AMONG
OTHERS,
ENABLED CO TO FULLY REPAY BANK DEBT AS AT 30 NOV
    * SEES  NORMALISED EBITDA FOR HY21 OF BETWEEN NZ$4.0M AND
NZ$5.0M

Source text for Eikon:  ID:nNZW69152f 
Further company coverage:  CAV.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))