Cavalier Corporation Limited announced consolidated earnings results for the six months ended December 31, 2017. For the period, the company reported EBITD of $4.4 million against loss of $2.0 million a year ago. Net debt was $33.3 million against $40.2 million a year ago. Improved operating profit reflecting better margins and reduced costs. 2017 includes large restructuring costs. Reduced debt from improved cash flow and lower inventory.