March 15 (Reuters) - Oliver's Real Food Ltd (OLI) :
- UPDATE ON FUNDING FACILITY
- SALES IN DECEMBER 2021 AND JANUARY 2022 HAD BEEN PATCHY
- DEVASTATING FLOODS IN NSW AND QLD HAVE HAD AN SUBSTANTIAL IMPACT ON CO, WITH THREE STORES CLOSED COMPLETELY
- EXPECTATIONS FOR POSITIVE OPERATING CASH FLOWS IN SECOND HALF OF FY2022 IS NOW LESS LIKELY TO BE REALISED
- SALES DID NOT RECOVER AS QUICKLY AS EXPECTED AFTER BORDERS REVENUE FOR PERIOD DECEMBER 2021 TO MID-MARCH 2022 IS LESS
- PRINCIPAL LENDERS INCREASED LINE OF CREDIT FACILITY FROM A$1.5M TO A$2.1M
News: OLI Oliver's Real Food Says Floods in NSW and QLD Have Had Substantial Impact on Co
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