Yowie Group Ltd. (AU:YOW) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Yowie Group Ltd has announced significant leadership changes, including the appointment of Andrew Ranger as Executive Director, Nicholas Bolton as Global CEO, and John Patton as the new Executive Chairman. The company aims to improve its cost structure and promote innovative products, amidst reporting an operational loss of US$363,000 for April 2024 and a financial year-to-date loss of US$1.72 million. These strategic management changes are part of Yowie’s ongoing efforts to achieve annual savings of over US$1 million.
For further insights into AU:YOW stock, check out TipRanks’ Stock Analysis page.