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IN BRIEF: Altitude trading in line with guidance; hires non-exec chair

24th Nov 2021 12:03

Altitude Group PLC - Sheffield-based firm operating a marketplace for personalised products - Reports that the group is trading positively and in line with management's expectations in first half ended September 30, with US recovery across the promotional product industry having accelerated recovery for the company.

Separately, announces Non-Executive Chair Keith Edelman will retire from role on November 26. Edelman will be replaced by David Smith. Smith is chair of Lockton Companies and a non-executive director of AIG UK and Bupa Insurance. He previously held the role of chief executive of Zurich Insurance PLC and chair of Polaris UK

Chief Executive Nichole Stella comments: "We are delighted to welcome David Smith to the board. His expertise in industries that have evolved through technology advancements and industry shifting buying behaviours will be invaluable."

Current stock price: 28.99 pence, up 7.4% Wednesday

Year-to-date change: up 87%

By Will Paige; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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Altitude Group
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