SDA speedcast international limited
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News: SDA Speedcast International Accepts PJ Beylier's Resignation As CEO

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    03/02/20
    18:25
    Post #: 42723034

    Feb 3 (Reuters) - Speedcast International Ltd (SDA) :

    • ACCEPTED PJ BEYLIER'S RESIGNATION AS CEO
    • REVIEWING POTENTIAL SALE OF NON-CORE ASSETS TO REDUCE DEBT
    • PETER SHAPER AND JOE SPYTEK APPOINTED AS CO-CEOS IN INTERIM
    • PRELIMINARY VIEW OF FY19 RESULT AROUND 10% BELOW PRIOR GUIDANCE
    • BELIEVES CORE RESULT AND NON-TRADING ITEMS FOR FY19 MAY NOT BE WITHIN RANGE ANTICIPATED AT TIME OF CO'S GUIDANCE LAST YEAR
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