Cavalier Corporation Limited provided earnings guidance for the year ending June 30, 2014. The company forecasts normalised earnings of between NZD 8 million and NZD 10 million (AUD 7.20 million and AUD 9.00 million) in the year ending June 30, 2014. That's up from NZD 6.6 million in 2013, and comes after the company clamped down on costs as it reduced brands, added a synthetic range, cut debt and inventory, closed and consolidated operations, and laid off staff.
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- Cavalier Corporation Limited Provides Earnings Guidance for the Year Ending June 30, 2014