Brief: Cavalier Corporation To Transform To An All-Wool And Natural Fibres Business

Bremworth

23/07/2020 01:17

July 23 (Reuters) - Cavalier Corporation Ltd  CAV.NZ :
    * CAVALIER CORPORATION- TO TRANSFORM TO AN ALL-WOOL AND
NATURAL
FIBRES BUSINESS
    * CAVALIER CORPORATION- FUNDING OPTIONS CURRENTLY BEING
EVALUATED
    * CAVALIER CORPORATION - TRADING IN JUNE WAS STRONGER THAN
ANTICIPATED, PARTICULARLY IN WOOL SALES
    * CAVALIER CORPORATION- FINANCIAL BENEFITS OF TRANSFORMATION
STRATEGY AND RETURN TO PROFITABLE GROWTH EXPECTED FROM FY23
ONWARDS
    * CAVALIER CORP - RANGE OF OPPORTUNITIES TO FUND
TRANSFORMATION
INCLUDES POTENTIAL SALE & LEASEBACK OF SOME OR ALL OF CAVALIER'S
LAND,BUILDINGS

Source text for Eikon:  ID:nNZW3Y3BB1 
Further company coverage:  CAV.NZ 

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