CVC Limited Projects Increased Net Loss for 2024 Half-Year
CVC Limited (AU:CVC) has projected a net loss after tax of $1.6 to $2.1 million for the half-year ending December 31, 2024, a significant increase from a $0.5 million loss in the previous year. Consequently, the board has opted not to pay an interim dividend due to future cash flow commitments. Detailed business performance information will be released with the Half Year accounts in late February 2025. CVC's current market cap stands at A$244.9M, with a year-to-date price performance of -8.70% and a consensus rating of Sell.
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CVC Limited ( (AU:CVC) ) just unveiled an update.
CVC Limited has announced a projected net loss after tax ranging from $1.6 to $2.1 million for the half-year ending December 31, 2024, compared to a $0.5 million loss in the previous year. Due to future cashflow commitments, the board has decided not to pay an interim dividend for this period, with further business performance details expected with the release of the Half Year accounts in late February 2025.
More about CVC Limited
YTD Price Performance: -8.70%
Average Trading Volume: 10,236
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$244.9M
Find detailed analytics on CVC stock on TipRanks’ Stock Analysis page.
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