Brief: Uni-Select Announces Departure Of CEO Henry Buckley, Effective Immediately

Uni-Select

18/09/2018 11:20

Sept 18 (Reuters) - Uni-Select Inc  UNS.TO :
    * UNI-SELECT ANNOUNCES MANAGEMENT CHANGES, UPDATED 2018
GUIDANCE
AND REVIEW OF STRATEGIC ALTERNATIVES
    * ANNOUNCES TODAY DEPARTURE OF HENRY BUCKLEY, PRESIDENT AND
CHIEF
EXECUTIVE OFFICER OF CORPORATION, EFFECTIVE IMMEDIATELY
    * DEPARTURE OF HENRY BUCKLEY, PRESIDENT AND CHIEF EXECUTIVE
OFFICER OF CORPORATION, EFFECTIVE IMMEDIATELY
    * BUCKLEY HAS ALSO STEPPED DOWN AS A MEMBER OF BOARD OF
DIRECTORS
OF CORPORATION
    * ANDRÉ COURVILLE, CHAIR OF BOARD, WILL ASSUME INTERIM ROLE
OF
PRESIDENT AND CHIEF EXECUTIVE OFFICER OF CORPORATION
    * MICHELLE CORMIER HAS BEEN NOMINATED CHAIR OF BOARD
    * FINISHMASTER'S EXPECTED FULL YEAR 2018 ORGANIC SALES
GROWTH IS
REVISED DOWN FROM 2.0%-4.0% TO 0.5%-2.0%
    * CANADIAN AUTOMOTIVE GROUP'S EXPECTED FULL YEAR 2018
ORGANIC
SALES GROWTH IS REVISED DOWN FROM 0.0%-2.0% TO 0.0-1.5%
    * PARTS ALLIANCE UK'S EXPECTED FULL YEAR 2018 ORGANIC SALES
GROWTH
IS REVISED UP FROM 5.0%-7.0% TO 6.0%-8.0%
    * CONSOLIDATED ORGANIC SALES GROWTH GUIDANCE IS REVISED DOWN
FROM
2.25%-4.0% TO 0.8%-2.6%
    * FY CONSOLIDATED EBITDA MARGIN IS REVISED DOWN FROM
7.2%-8.2% TO
6.75%-7.25%

Source text for Eikon:  ID:nCNWbZbgma 
Further company coverage:  UNS.TO 

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