Latest News

Restructure of Cavalier Carpets broadloom carpet business

2 October 2015

In response to the necessity to downsize and streamline the corporate structure following the recent sale of the Ontera tile manufacturing operation, Brent Wollaston - Chief Executive Officer of the Cavalier Carpets broadloom carpet business - will be stepping down from his role effective 31 October 2015.

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2014/15 Annual Report released

Cavalier Corporation has released its 2014/15 annual report which is now available to download.

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Sale of the Sydney warehousing and office facility

On 28 August 2015, Cavalier Corporation reported on a number of key strategic initiatives aimed at reducing debt and costs. These included the outsourcing of its Australian broadloom carpet logistics and the consequent release of its Sydney-based warehousing and office facility for sale.

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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.

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