Ama Group Limited (AU:AMA) has released an update.
AMA Group Limited has announced a reshuffling of its Board, including the appointment of Brian Austin as Chair and Joanne Dawson as an Independent Non-Executive Director and Chair of the Audit and Risk Committee. The company has also decided to divest its ACM Parts business to focus on its collision repair portfolio and has updated its FY24 earnings guidance, increasing the lower end from $42 million to $44 million normalised pre-AASB 16 EBITDA, with the upper end remaining at $49 million.
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