Stadium Group - CEO appointed

Tuesday, Sep 06 2011 by

Stadium Group, the contract electronics engineering and manufacturing company, announced the appointment of a new CEO.

In March the company reported that following the sale of the Plastics Division (June 2010), the goal had been set to become the leading UK owned provider of electronic design and build solutions. The then CEO, who had overseen the restructuring of the company over the last ten years stepped down to allow a successor to be appointed to oversee the achievement of this goal.

Stephen Phipson CBE joins the company from Smiths Group plc, where since 2004 he was president of Smiths Detection (sales of £574 million in 2010), the world's largest provider of chemical, biological, and explosives detection systems supplying major airports, ports, military and government agencies in over 160 countries worldwide. Before joining Smiths in 1997, he held a variety of senior roles in the electronics industry.

The SDM share price has increased by 2% over the past year.

Stadium Group Plc is graded B by LCF Research. To learn more, follow the link.


Disclaimer:  

This note was prepared by LCF Research Limited using information provided by the subject company’s management or publically available news sources. No representations are made nor warranties given (express or implied) in relation to accuracy and completeness. This document is not an invitation to invest in the subject company and does not purport to contain all the necessary information that a prospective investor might require. LCF Research Limited recommends prospective investors to conduct their own thorough independent analysis of the subject company and the information contained in this note or referred to above.


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Stadium Group plc is a provider of integrated electronic technologies. The Company delivers a portfolio of design-led electronic technologies and machine-to-machine (M2M) wireless connectivity solutions. It operates in two segments: Technology and integrated Electronic Manufacturing Services (iEMS). The iEMS segment is the global provision of sub-contract electronic manufacturing services. The Technology segment includes the design and manufacture of power supplies, intelligent interface displays and specialist M2M wireless connectivity. Its power products include battery chargers, medical power supplies and power solutions, among others. Its interface and displays products include capacitive switching, membrane keypads and control panel solutions, and card readers, among others. Its iEMS products include design, electronics assembly, and full box build and system integration. It serves the markets of automotive telematics, and security and wearable technologies, among others. more »

Share Price (AIM)
110p
Change
 
Mkt Cap (£m)
34.2
P/E (fwd)
10.3
Yield (fwd)
2.5



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