CVC Limited Projects Increased Net Loss for 2024 Half-Year

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2025.02.10 03:57
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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.