Latest News

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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Earnings Advisory / CEO steps down

20 May 2015

The Board of Cavalier Corporation advises that normalised earnings for the 14/15 year are likely to be at, or slightly below, the lower end of the previously advised earnings guidance range of $1 to $4 million tax-paid.

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Commerce Commission approves merger of scouring assets

27 March 2014

The Commerce Commission yesterday issued its draft determination, approving the merger of the scouring assets of 50%-owned Cavalier Wool Holdings Ltd (CWH) and New Zealand Wool Services International Ltd (NZWSI). The Commission will allow a period for formal submissions from interested parties after which it will issue a final determination.

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Half Year Result to Dec 14 announced

20 February 2015

The Directors of Cavalier Corporation have announced that for the first six months ended 31 December 2014, the unaudited group profit after tax is $32,000, representing a $3.4 million reduction on the same period last year. The earnings decrease reflects the tough trading conditions encountered by most business units within the Group.

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June 2015 Year-End Earnings Guidance

21 November 2014

At Cavalier Corporation's pre-Annual Meeting Board meeting today, Directors concluded that their current estimate of normalised tax-paid earnings for the 2015 year was in the range of $1 million to $4 Million. 

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Year end earnings guidance issued

24 October 2014

Cavalier Corporation advises that after three months of trading, while volumes have been consistent with previous year, margins are under pressure, and the Company is unlikely to achieve – on a normalised basis - the $5.8m profit after tax achieved in the 2014 financial year.

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Cavalier wool scour business to merge

22 October 2014

Cavalier Corporation's share in the Cavalier Wool Scour business will reduce with the merging of its operations with New Zealand Wool Servcies International Ltd.

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Cavalier announces $5.8m profit

22 August 2014

The Directors of Cavalier Corporation have announced an audited after tax profit for the year to 30 June 2014 of $5.8 million, compared with a $3.0 million after tax profit in 2013. 

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Cavalier Bremworth joins forces with Mohawk

18 May 2014

Cavalier Corporation subsidiary Cavalier Bremworth has joined forces with the world's largest flooring manufacturer, Mohawk Flooring, to bring Mohawk’s leading premium soft nylon as well as its superior PET products made with the Continuum Process™ to Carpet Court Australia.

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