Cavalier Corporation Limited (NZX:CAV) has released a new transformational strategy that places the company with an all-wool and natural fibres business model. The four strategic pathways through which the company’s growth shall be driven are:
- Grow the wool flooring market;
- Grow the company’s share of the market;
- Expand its presence;
- Innovation and Future Thinking.
Financial benefits of the transformation strategy and return to profitable growth are expected from FY23 onwards.