Amaysim announces FY18 guidance, CEO to step down

Company News

by Anna Napoli

Telco service provider Amaysim (ASX:AYS) has announced CEO Julian Ogrin will leave the company on 1st  July 2018 to take up an executive position with Foxtel and Fox Sports.

Peter O’Connell, Co-founder of Amaysim will take over the top job.

Separately, the company has announced full year net revenue guidance of $573 to $583 million which compares with $327 million last year.

The telco has also flagged higher statutory earnings, with $36 to $39 million expected, a rise from 33.8 million for the prior corresponding period.

Shares in Amaysim (ASX:AYS) closed closed 2.33 per cent lower to 84 cents yesterday.


Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.