Articore Group Limited (ASX:ATG) Reaffirms FY25 Guidance and Announces Strategic Review
FY25 Guidance
The Articore Group reaffirmed its FY25 guidance, maintaining a GPAPA margin of 25% to 27%, operating expenditure between $89 million and $92 million, and positive underlying cash flow subject to additional investment in Dashery in the second half.
Strategic Review
The Board initiated a comprehensive strategic review to explore opportunities to unlock shareholder value and accelerate growth, focusing on capital structure, strategic positioning, and value creation across the portfolio. External advisers will lead the process to ensure independence and commercial rigour.
CEO Transition
Mr Vivek Kumar was announced as Group CEO on 2 June 2025. Since joining in 2022 as CEO of TeePublic and later CEO of Marketplaces, Vivek has driven revenue growth and synergies by unifying the Group’s two marketplaces.
Executive Comments
Chair Robin Mendelson stated, “Unlocking value for all shareholders is the Board’s clear priority. This strategic review is the next step in that journey.”
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