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BRIEF-Lovisa Holdings says Paul Cave will step down as chairman

Published 13/04/2016, 04:48 pm
© Reuters.  BRIEF-Lovisa Holdings says Paul Cave will step down as chairman

April 13 (Reuters) - Lovisa Holdings Ltd LOV.AX :

* Says appointment of Michael Kay as non-executive director and chairman of Lovisa Holdings Limited

* EBIT guidance for FY 2016 of $23.5M - $25.5M as provided to ASX on the 18 February 2016 is reaffirmed

* Says Paul Cave will step down as chairman

* Says appointment of Graeme Fallet as chief financial officer

* Says full year FY 2016 gross margin is forecast to be around 74%, this is in line with previous guidance

* Says Iain Sadler has resigned as chief financial officer and company secretary

* Source text for Eikon ID:nASX9FBTjs

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