Brief: Cavalier Corp sees 16/17 year normalised profit after tax to be close to break-even

Bremworth

06/02/2017 19:30

Feb 7 (Reuters) - Cavalier Corporation  CAV.NZ - 
    * Normalised profit after tax for 16/17 year is now forecast 
to be close to break-even, below $3.0 to $5.0 million normalised 
profit after tax guidance 
    * "Reduction in forecast reflects difficult trading 
conditions in Australia and an increasingly depressed wool 
market" 
    * All figures in NZ$ 
 
Source text for Eikon:  ID:nNZS795a  
Further company coverage:  CAV.NZ  
 
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