Haulage group replaces chief executive with immediate effect
Warrington-based logistics group Eddie Stobart this morning announced the replacement of its chief executive, and warned adjusted earnings before interest and tax will be "significantly lower" than antipated.
It said, as a result, it will also review the group's current dividend policy.
In the meantime, trading in the group's shares on AIM has been suspended, and it warned that its interim results announcement due next week will be delayed until early September.
In a statement to the stock exchange this morning, the group sai... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...