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An announcement from Noumi Limited ( (AU:NOU) ) is now available.
Noumi Limited has announced a change to CEO Michael Perich’s contract, extending it from a fixed term ending December 2025 to an open-ended term. This change aims to provide leadership stability as Mr. Perich has been instrumental in leading the company’s transformation program since August 2020, with the board expecting this move to support the completion of the program and ensure long-term sustainable growth.
The most recent analyst rating on (AU:NOU) stock is a Buy with a A$0.19 price target. To see the full list of analyst forecasts on Noumi Limited stock, see the AU:NOU Stock Forecast page.
More about Noumi Limited
Noumi Limited is a prominent Australian FMCG company specializing in the production of dairy and plant-based beverages, nutritional products, and ingredients for the health and fitness industries. The company operates advanced manufacturing facilities in Victoria and NSW, and is known for brands such as MILKLAB, Australia’s Own, So Natural, Crankt, Vital Strength, and PUREnFERRIN lactoferrin.
Average Trading Volume: 125,418
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$36.02M
Learn more about NOU stock on TipRanks’ Stock Analysis page.