Coven­try loss grows

The West Australian - - WESTBUSINESS -

Coven­try Group has plunged to a big­ger an­nual loss of $35.5 mil­lion on the back of $25 mil­lion of im­pair­ments and write­downs. The loss also in­cluded a de­te­ri­o­ra­tion in Coven­try’s un­der­ly­ing per­for­mance, with its loss be­fore in­ter­est and tax more than dou­bling to $8.7 mil­lion on rev­enue of $169 mil­lion.

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