Zambeef has announced FY2017 results that are slightly better than our recently revised forecasts. Unfortunately a number of factors result in a material downgrade for FY2018. Further, joint-CEO Carl Irwin is leaving to be replaced by Tim Pollock, currently a non-exec, from CDC Group plc.

15 Nov 2017
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Zambeef Products PLC (ZAM:LON) | 6.2 0 0.0% | Mkt Cap: 25.0m
- Published:
15 Nov 2017 -
Author:
Cavendish Research -
Pages:
12 -
Zambeef has announced FY2017 results that are slightly better than our recently revised forecasts. Unfortunately a number of factors result in a material downgrade for FY2018. Further, joint-CEO Carl Irwin is leaving to be replaced by Tim Pollock, currently a non-exec, from CDC Group plc.