Guidance update
___________________________________________________________________________
PO Box 6159 Level 6 Telephone 04 384-9734 E-mail cmc@colmotor.co.nz
Wellington 6141 57 Courtenay Place Facsimile 04 801-7279 Website www.colmotor.co.nz
NEW ZEALAND Wellington 6011 DX SP21009
5 July 2021
GUIDANCE UPDATE
The favourable trading conditions reported in February have continued for the second
six months of our financial year ended 30 June 2021. We expect our full year trading
profit outcome to be similar to the record 2018 financial year result.
Over the next six months the vehicle industry is expected to pull sales ahead in some
areas leading up to the introduction of the clean car policy which penalises light
commercial vehicles from 2022.
On behalf of the Board
J P Gibbons
Chairman
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
Other issuers discussed similar conditions around this time
Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.
- AOF — AoFrio Limited: Wellington reconfirms guidance2021-07-25
“® is a registered Trade Mark of Wellington Drive Technologies WT 9569 Wellington Drive Technologies Ltd P: +64 9 477 4500 E: info@wdtl.com 21 Arrenway Drive, Rosedale, Auckland 0632 PO Box 302-533 North Harbour, Auckland 0751…”
- 2CC — 2 Cheap Cars Group Limited: FY22 Half year trading update2021-09-14
“2CC | 2 Cheap Cars Group Limited | 2021-09-14 | MKTUPDTE | FY22 Half year trading update…”
- TRA — Turners Automotive Group: Turners delivers record earnings for FY212021-05-24
“Company Announcement 25 May 2021 3 Credit Management: Revenue $12.8m -29%, NPBT $5.1m -22% Credit Management revenue decreased 29% to $12.8m, due to the impact of Covid-19 and the market- wide conservatism with respect to debt collection during the first phase of the pan…”