Board Appointments
Cavalier Corporation advises that the Directors have, following the Annual Meeting of shareholders in October, appointed Alan Clarke Deputy Chairman of the Board and Chairman of the Board’s Remuneration...
Read More
At today’s Cavalier Corporation annual meeting of shareholders, the Company provided an analysis for the financial year ended 30 June 2017 (FY17) and a current business update....
Read More
Alan brings to the board extensive governance and strategic experience as a director of both private
and publicly listed companies in New Zealand and Australia over the last twenty five years. He has
held responsibilities as CEO and Managing ...
Read More
Please click below to view or download....
Read More
Cavalier has released its financial statements for the year ended 30 June 2017, reporting a net loss after tax of $2.1 million.
The normalised net loss after tax of $1.9 million is consistent with the guidance given to the market on 1st June ...
Read More
Resignation of General Manager New Zealand Sales of carpet operation
Cavalier Corporation advises that Warren Drinkwater has resigned from his position as General Manager New Zealand Sales of its carpet operation with effect ...
Read More
FY17 earnings guidance update
The Board of Directors of Cavalier Corporation advises that normalised earnings after tax for the 16/17 year is now forecast to be a loss of around $2 million, compared with the breakeven normalised profit after tax ...
Read More
FY17 earnings guidance update
The Board of Directors of Cavalier Corporation advises that the normalised profit after tax for the 16/17 year is now forecast to be close to break-even, below the $3.0 to $5.0 million ...
Read More
Half-Year Report for the six months ended 31 December 2016...
Read More
NZX announcement - FY17 H1 Results
Directors’ Report
For the six months ended 31 December 2016
The half-year results reported today are in line with what the Directors expected when they recently announced that
...
Read More
The Court of Appeal has dismissed Godfrey Hirst's appeal against earlier decisions by the Commerce Commission and the High Court to allow the merger of the wool scouring operations of New Zealand Wool Services International and Cavalier's 50%-owned Cavalier...
Read More
Please find below the document outlining the results of voting at the Annual Meeting. ...
Read More
Please download the CEO & Chairman's Annual Meeting Addresses here......
Read More
Please find the link below to read further details......
Read More
Please find the link below to read further details....
Read More
Please find below the link to view or download the 2016 Annual Report...
Read More
Cavalier is pleased to announce a normalised profit after tax of $6.3 million for the financial year ended 30 June 2016.
Net profit after tax was $3.1 million following one...
Read More
Cavalier Bremworth has announced an exclusive Australasian deal with Italian sustainability pioneers Aquafil that will see New Zealand carpet being made from fishing nets and other recycled nylon waste.
Aquafil are the creators of the world’s ...
Read More
In line with its 13 April proposal to consolidate its manufacturing operations in Napier, Whanganui and Christchurch and having now completed the staff consultation process, Cavalier Corporation confirms that it will be ...
Read More
Cavalier Corporation is proposing to restructure its manufacturing operations in Napier, Whanganui and Christchurch.
This includes:
Consolidation of woollen yarn spinning operations (currently in...Cavalier Corporation advises with deepest sadness the sudden death of Ron Cooper, General Manager of its Cambridge-based wool procurement business, Elco Direct, yesterday.
Ron was a hugely respected ...
Read More
Thank you, Paul.
The year to June 2015 proved to be another challenging year for Cavalier. It involved some major decision points for the Group as we continued to adapt to an ever changing environment.
During the year, we completed a ...
Read More
Thank you, Sarah. Good morning, everyone.
First, a quick reminder of the Group's operations and principal activities, comprising:
Broadloom carpets – sold under the Cavalier Bremworth and Norman Ellison brands ...The Directors of Cavalier Corporation are pleased to confirm the appointment of Paul Alston to the role of Chief Executive Officer.
Paul joined Cavalier as Chief Financial Officer in November 2012 and was appointed Interim Chief Executive Officer in...
Read More
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 ...
Read More
Cavalier Corporation has released its 2014/15 annual report which is now available to download.
Please see the Results and Reports section to download the 2014/15 Annual Report.
...
Read More
The Commerce Commission yesterday issued its second draft determination maintaining its earlier draft determination in March 2015 to allow the proposed merger between Cavalier Corporation’s 50%-owned Cavalier Wool Holdings Ltd (CWH) and the wool ...
Read More
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 ...
Read More
Further to the announcement on 27 August 2015, Cavalier Corporation advises that the transaction to sell the Ontera business to Milliken has now been completed.
Paul Alston
Chief Executive Officer
For and on behalf of the Board of ...
Read More
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 ...
Read More
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 ...
Read More
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.
...
Read More
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...
Read More
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 ...
Read More
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 ...
Read More
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...
Read More
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.&...
Read More
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.
Cavalier Wool Holdings Limited (CWH), an ...
Read More
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.
While this represents...
Read More
Cavalier Corporation advises that Sarah Hipkiss will assume the position of Chief Financial Officer from 1 September 2016.
Sarah has been a KPMG audit partner since 2011 and is a highly experienced senior finance professional with expertise in ...
Read More
