Autins CEO walks out six months after IPO

Shock resignation comes alongside damaging profit warning
Thursday 09 Feb 2017 Author: Steven Frazer
Rugby-based Autins ( AUTG:AIM ) has dealt investors a massive blow just six months after joining the stock market. Chief executive Jim Griffin has walked out in the wake of a shock profit warning as a major customer changed the terms of a supply deal, cutting volumes and altering the timing of deliveries. The contract, speculated to be with Jaguar Rover, is understood by analysts to likely leave a...

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