tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Everyman Media CEO Steps Down as Board Installs Interim Successor

Story Highlights
  • Everyman Media’s CEO Alex Scrimgeour has stepped down immediately after leading a strong post-COVID recovery.
  • Non-executive director Farah Golant becomes interim CEO as an external search begins for a permanent replacement.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Everyman Media CEO Steps Down as Board Installs Interim Successor

Claim 70% Off TipRanks Premium

The latest announcement is out from Everyman Media ( (GB:EMAN) ).

Everyman Media Group has announced the immediate departure of Chief Executive Alex Scrimgeour, credited by the board with steering the company’s post-COVID recovery, more than doubling revenue, driving significant EBITDA growth and building a strong operational team. Non-Executive Director Farah Golant CBE will step in as interim Chief Executive while an external search is conducted for a permanent successor, with the board highlighting her extensive creative and media industry experience and her mandate to maintain the Group’s focus on exceptional customer experience, sustainable growth and long-term shareholder value during the leadership transition.

The most recent analyst rating on (GB:EMAN) stock is a Hold with a £28.00 price target. To see the full list of analyst forecasts on Everyman Media stock, see the GB:EMAN Stock Forecast page.

Spark’s Take on GB:EMAN Stock

According to Spark, TipRanks’ AI Analyst, GB:EMAN is a Neutral.

The overall stock score is primarily influenced by financial performance, which shows potential for recovery through revenue growth and cash flow improvements. However, significant challenges remain due to high leverage and lack of profitability. Technical analysis indicates a bearish trend, and valuation metrics suggest the stock is undervalued due to financial instability.

To see Spark’s full report on GB:EMAN stock, click here.

More about Everyman Media

Everyman Media Group is the UK’s fourth-largest cinema operator by number of venues, positioned as a premium, high-growth leisure brand. The Group runs an expanding estate of intimate, destination-led cinemas across the country, combining first-class film exhibition with in-house food and drink, and a broad programme spanning mainstream and independent films as well as theatre and live concert broadcasts to attract diverse audiences.

Average Trading Volume: 45,333

Technical Sentiment Signal: Sell

Current Market Cap: £24.62M

See more insights into EMAN stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1