MRG murray river organics group limited
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Nov 9 (Reuters) - Murray River Organics Ltd (MRG) Appoints...

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    09/11/17
    10:10
    Post #: 28632843

    Nov 9 (Reuters) - Murray River Organics Ltd (MRG)

    • Appoints George Haggar as CEO
    • Expects FY18 revenue to be in range of $87.5 million & $92.5 million
    • Following $4.3 million in inventory write downs , expects reported FY18 EBITDA to be between $10.0 million & $11.0 million
    • Despite $2.6 million provision in FY17, board concluded further write-offs & provisions are required
    • Appoints George Haggar as CEO, after MD & CEO Erling Sorensen resigned
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