Latest News

Preliminary announcement of results for the year ended 30 June 2015

28 August 2015

Cavalier Corporation Limited today announced a reported loss of $25.7 million for the 12 months ended 30 June 2015.

As signalled in our announcement on 3 August, we have reviewed the carrying value of certain assets and as a result there has been a significant write-down of tangible and intangible assets, particularly in our tile business. The write-downs are mainly non-cash in nature.

On a normalised basis (**non-GAAP measure) profit after tax was $1.1 million compared to $5.8 million reported last year.

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Sale of Ontera to Milliken

27 August 2015

Following on from the announcement made on 3 August 2015, Cavalier Corporation announces that a conditional asset sale and purchase agreement has been entered into by Ontera (a wholly-owned subsidiary of Cavalier Corporation) with a Milliken subsidiary.

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Cavalier updates strategy and business plan

3 August 2015

Cavalier advises of a number of changes that support the re-focus on core business and debt reduction included in our updated strategy and business plan signalled to the market in our 20th May announcement.

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Changes to the Board of Directors

8 July 2015

Retirement of Alan James

Cavalier Corporation Limited advise that Alan James – who had previously indicated that he was contemplating retiring from the Board – will be stepping down from his role as a Director and Chair of the Board effective 10 July 2015.

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