News: Capral cuts guidance, appoints new CEO

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    Capral Limited (ASX:CAA) says it expects market conditions to remain soft and has downgraded its full y ear EBITDA to between $2.5 million and $4 million.

     


    The Aluminium producer has also advised its interim CEO Phil Jobe will be stepping down in April next year but will remain as a non- executive director of the board.



    The company has appointed Tony Dragicevich as its new CEO and Managing Director. 

     


    Capral booked a net loss of $7 million in the first half of the 2012 financial year.

 
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