AMA Group Limited Announces Leadership Change Amidst Operational Focus

The latest update is out from Ama Group Limited ( (AU:AMA) ).

AMA Group Limited announced the departure of its CEO, Mathew Cooper, and the appointment of Ray Smith-Roberts as the new Managing Director. This leadership change comes as the company aims to enhance the performance of its operations, particularly within the AMA Collision business. The company has recently achieved significant financial milestones, including a capital raise, debt extension, and refinancing of banking facilities, positioning itself for further operational improvements under Smith-Roberts’ leadership.

More about Ama Group Limited

AMA Group Limited operates in the automotive industry, focusing primarily on collision repair services. The company is known for its AMA Collision business and has recently been involved in financial restructuring and expanding its partnership with Suncorp.

YTD Price Performance: -3.33%

Average Trading Volume: 5,142,091

Technical Sentiment Signal: Buy

Current Market Cap: A$277.4M

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