Listed Companies

Cavalier moves ahead with woolly strategy

Brent Melville
Thu, 23 Jul 2020

Cavalier Corp said a positive trading period in June and cost controls helped it reduce bank debt to historical lows of $14.5 million and that it was shifting to an all-natural fibres strategy.  In a market update, the wool and carpet company said stock levels had decreased "significantly" to about $35 million, on the back of trading through June that was "stronger than anticipated," particularly in wool sales. That bounce followed a year-on-year reduction in volumes through the prior three months as a result of covid-19 trading impacts....

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Opinion FREE
Brian Gaynor: a 'titan' of NZ's capital markets
Jenny Ruth | Sat, 21 May 2022

Brian Roche remembers Brian Gaynor as "sorta scary and impressive at the same time – a real 'conscience' of what was right and fair." 

On the Money
On the Money: Brian Gaynor tributes, Damien Grant's slip-up, Marsden Point and more
Pattrick Smellie | Sat, 21 May 2022

OTM this week: Tributes to a legend of the NZ investment world, who forgot to BCC their who's who subscriber list, a slightly bemusing no smoking note at the Budget lockup and more. 

Law & Regulation
Unlawful collection of Companies Office fees fixed under urgency
Ian Llewellyn | Fri, 20 May 2022

The Companies Office's administration of fees may have saved costs, but the problem is it was against the law.

Partner content
What’s driving the ram raids, and what shop owners can do

Scott La Franchie explains the motivations behind the spate of burglaries.

Partner content
Grow your business by taking time to plan

Getting business fundamentals right gives the best chance at beating the unplannable.