Market Update
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| Stock | CVC Ltd (CVC.ASX) |
|---|---|
| Release Time | 10 Feb 2025, 2:39 p.m. |
| Price Sensitive | Yes |
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CVC Ltd Provides Market Update
Key Points
- Net loss after tax forecast between $1.6 - $2.1m for H1 FY2025
- No interim dividend to be paid due to future cashflow commitments
- Detailed commentary to be provided with H1 FY2025 accounts release
Full Summary
CVC Ltd has provided a market update, forecasting a net loss after tax in the range of $1.6 - $2.1m for the half year ended 31 December 2024, compared to a $0.5m loss in the prior corresponding period. This result is subject to final adjustments and completion of the audit review. Due to future cashflow commitments of the business, the Board has resolved that an interim dividend for the half year ended 31 December 2024 will not be paid. More detailed commentary on the performance of the business will be provided with the release of the Half Year accounts, which is anticipated to occur in late February 2025.
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