Brief: Guerbet Appoints David Hale As CEO As From January 1, 2020

Guerbet SA

18/12/2019 17:20

Dec 18 (Reuters) - GUERBET SA  GRBT.PA :
    * GUERBET: DAVID HALE APPOINTED CEO OF GUERBET AS FROM
JANUARY 1,
2020 TO ACCELERATE DEPLOYMENT OF THE GROUP’S STRATEGY
    * GUERBET: DAVID HALE APPOINTED CEO OF GUERBET AS FROM
JANUARY 1,
2020 TO ACCELERATE DEPLOYMENT OF THE GROUP’S STRATEGY
    * FOR 2019, GUERBET CONFIRMS EXPECTED SALES UP BY MORE THAN
3%
WITH AN EBITDA MARGIN OF AROUND 14%
    * CHIEF COMMERCIAL OFFICER AND GROUP EXECUTIVE COMMITTEE
MEMBER
SINCE FEBRUARY 2018, DAVID HALE TAKES OVER POSITION FROM YVES
L'EPINE
    * FOR 2020, EBITDA MARGIN IS EXPECTED BETWEEN 14 AND 15%,
DOWN
FROM INTERMEDIATE OBJECTIVES OF GEAR 2023 PLAN.
    * WILL COMMUNICATE MORE PRECISELY ON UPDATE OF ITS STRATEGIC
PLAN
AT END OF FIRST HALF OF 2020
    * CONFIRMS COMPANY'S STRATEGIC AMBITION OF GEAR 2023

Source text for Eikon:  ID:nGNX5lF7vg 
Further company coverage:  GRBT.PA 

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