Guidance update

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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








27 May 2022






GUIDANCE UPDATE

The Half Year Report released in February announced a record first half result of
$17.997 million trading profit after tax. In that Report, the Board commented that
consumer demand had continued to be robust, but there were a number of potential
headwinds that could impact the results in the second half.

There have been covid and supply chain disruptions to trading experienced across the
business, but not to a degree that will detract from a strong full year result.

As a consequence, the strong trading conditions experienced in the first half,
combined with a solid third quarter to the end of March, sees the business on track to
post a trading profit after tax for the 30 June 2022 financial year that will be materially
ahead of the $27.924 million record result for the previous year.


On behalf of the Board

Ashley Waugh
Chairman






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