Listed Companies

Cavalier expects first-half loss as sales slide

Jenny Ruth
Wed, 27 Nov 2019

Cavalier Corporation expects to post a first-half net loss on top of the $16.8 million net loss it reported for the year ended June. "The challenging trading conditions noted early in 2019 are continuing and sales, particularly of low-margin synthetic carpets, continue to be affected with volumes down by approximately 10 percent year-on-year," chief executive Paul Alston told the annual shareholders' meeting. The company is forecasting a bottom-line loss of $1.1-1.6 million for the six months ending December, with earnings before interest...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Red Stag engineers deal with Timberlab
Brent Melville | Tue, 09 Aug 2022

Rotorua-based Red Stag sees the engineered timber group as the glue that will fit the missing pieces of the puzzle together.

Full Page FREE
Register: Prospa webinar – how small businesses can do digital transformation better
Staff reporters | Tue, 09 Aug 2022

The third and final webinar will focus on how small businesses can do digital transformation better and it will go live at midday on Monday, 15 Aug.

The Quiz FREE
QuiznessDesk, Tuesday, Aug 09, 2022
The Quizmaster | Tue, 09 Aug 2022

The wettest month on record has passed, so it's time to enjoy your daily quiz while basking in the sunlight. 

A clearer path to the cloud

Step-by-step cloud transition can bring benefits, experts say.

Energy of the future: Why we need innovation

The Tomorrow’s Energy Today conference is looking at ways to develop a clean, affordable and reliable energy future, says Brendan Winitana, chair of the Sustainable Energy Association New Zealand (SEANZ).