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Dods Group names new CFO, pulls guidance
23rd Apr 2020 09:18
(Sharecast News) - Information and publishing group Dods appointed Simon Bullock as chief financial officer on Thursday and pulled future guidance due to uncertainties caused by the Covid-19 pandemic.
The group's UK physical events and training operations faced disruption with postponements and some cancellations, and around one-third of the workforce had been furloughed and the remainder were working remotely, the company said.
"As with almost all service businesses, Dods cannot predict the medium to long-term effects of Covid-19 and therefore does not expect to be able to issue any forward-looking statements or guidance for the foreseeable future," said the group.
Bullock, a chartered management accountant, has held senior positions in a range of businesses - including media, marketing services and several high-tech firms providing wholesale fibre, broadband and networking software.
As of 0915 BST, Dods shares were up 9.09% at 3p.
The group's UK physical events and training operations faced disruption with postponements and some cancellations, and around one-third of the workforce had been furloughed and the remainder were working remotely, the company said.
"As with almost all service businesses, Dods cannot predict the medium to long-term effects of Covid-19 and therefore does not expect to be able to issue any forward-looking statements or guidance for the foreseeable future," said the group.
Bullock, a chartered management accountant, has held senior positions in a range of businesses - including media, marketing services and several high-tech firms providing wholesale fibre, broadband and networking software.
As of 0915 BST, Dods shares were up 9.09% at 3p.