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Oldfields Cuts Costs Amid Tight Cash Flow, Eyes Scaffold Growth
4:07pm on Friday 31st of October, 2025 AEDT
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Oldfields Cuts Costs Amid Tight Cash Flow, Eyes Scaffold Growth
4:07pm on Friday 31st of October, 2025 AEDT
Key Points
Q1 FY2026 net operating cash outflow of $52.3k despite $5.1m customer receipts
Significant cost savings via overhead cuts and exit from loss-making operations
Major shareholder and lender maintain financial support for working capital
Strong scaffold order backlog of $476k poised for Q2 and Q3 fulfillment
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Oldfields (ASX:OLH)
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