Matrix Composites & Engineering Ltd ( (AU:MCE) ) has issued an update.
Matrix Composites & Engineering Ltd has announced changes to its Board of Directors, appointing Mr. Stephan Kirsch as a Non-Executive Director. Mr. Kirsch brings over 25 years of experience in the mining and manufacturing sectors, which is expected to aid Matrix in pursuing growth and diversification strategies. Concurrently, Mr. Steven Cole will retire after 11 years of service, having significantly contributed to the company’s development, particularly during the COVID-19 period. Additionally, Mr. John Louden has been appointed as Joint Company Secretary, bringing over 20 years of legal experience to the role.
More about Matrix Composites & Engineering Ltd
Matrix Composites & Engineering specialises in the design, engineering, and manufacture of composite and advanced material technology solutions for the oil and gas, civil and infrastructure, resources, defence, and transportation industries. With more than 20 years of experience, Matrix has gained a reputation as an industry leader and has become a major exporter of Australian goods and services with customers located all over the world.
YTD Price Performance: -17.14%
Average Trading Volume: 3,500
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €27.81M
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