Brief: Cavalier Corporation Says FY Revenue NZ$118.0 Mln, Down 13%

Bremworth

28/09/2020 06:17

Sept 28 (Reuters) - Cavalier Corporation Ltd  CAV.NZ :
    * FY REVENUE $118.0 MILLION, DOWN 13%
    * FY21 SALES VOLUMES TO DATE HAVE BEEN STRONGER THAN
ANTICIPATED
WITH INCREASING SALES OF WOOL CARPETS
    * TOTAL SALES REVENUE FOR FY21 IS EXPECTED TO REDUCE
    * FY NET LOSS FROM CONTINUING OPERATIONS $21.5 MILLION
    * NET DEBT REDUCED TO $14.5 MILLION AS AT 30 JUNE AND HAS
FURTHER
REDUCED TO $7.2 MILLION AS AT 31 AUG
    * ALL FIGURES IN NZ$

Source text https://bit.ly/3cAfupe
Further company coverage:  CAV.NZ 

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