Published 15 November 2007The Commerce Commission has cleared listed Cavalier Corporation Ltd & privately held Norman Ellison Holdings Ltd to form a joint-venture company that will acquire he carpet businesses of Norman Ellison & its subsidiaries. Commission chairman Paula Rebstock said the commission was satisfied the proposed acquisition would not have, or would not be […]
Cavalier
Cavalier’s operating earnings down but carpetmaker sees positives in tight year ahead
Published 18 August 2006 Cavalier Corp Ltd made $14 million after tax & minorities in the June year, up 2% on the previous year. But directors said a more meaningful comparison of operating earnings, excluding substantial development costs, showed a 25% profit fall. The development costs were associated with Cavalier’s Microbial bio-remedy project. The company […]
