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BRIEF-Ashley Services Group expects NPATA for year ended June 2016 to be 10% below guidance

Published 05/10/2015, 10:24 am
Updated 05/10/2015, 10:28 am
© Reuters.  BRIEF-Ashley Services Group expects NPATA for year ended June 2016 to be 10% below guidance
ASH
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Oct 5 (Reuters) - Ashley Services Group Ltd ASH.AX :

* Board changes, operations update and strategic review

* Board intends to carry out a strategic review of the business, including a review of the structure and composition of the board of directors

* Says "ASH continues to experience difficult trading conditions"

* Says will undertake a full strategic review of its operations

* Expects that its NPATA for the year ended 30 June 2016 will be at least 10% below the previous guidance

* Paul Brittain has given notice of his resignation as CFO; he will remain in his role for the six months to 2 April 2016

* Says appoint Ian Pratt, a partner of Trood, Pratt & Co Chartered Accountants as non-executive chairman

* Says appointments follow the resignations of Peter Turner as non-executive chairman

* Source text for Eikon ID:nASXQ5qMh

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