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Chapel Down Group plc ( (GB:CDGP) ) has issued an update.
Chapel Down Group has appointed James Pennefather as the new CEO, effective February 2025. With extensive experience in the premium drinks industry, Pennefather is expected to lead Chapel Down through its next growth phase. The company also announced the resignation of CFO Rob Smith and Non-Executive Director Stewart Gilliland. Despite these changes, Chapel Down remains confident in its market leadership in the English wine industry, supported by a successful 2024 harvest and strong final quarter trading results.
More about Chapel Down Group plc
Chapel Down Group Plc is England’s leading and largest winemaker, known for producing award-winning sparkling and still wines. Based in Kent, it operates over 1,000 acres of vineyards, with a strong focus on sustainability and partnerships with prestigious events. It is listed on the AIM of the London Stock Exchange and attracts numerous visitors to its home in Tenterden.
YTD Price Performance: -54.59%
Average Trading Volume: 2,500
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €72.96M
See more insights into CDGP stock on TipRanks’ Stock Analysis page.