Metrofile Holdings Ltd CEO Pfungwa Serima will resign, and Thabo Seopa will be appointed as the new CEO effective October 1st. The company expects trading conditions to remain challenging throughout 2025, but has seen a positive start to the 2025 financial year. The closure of Tidy Files is expected to improve the group's margins going forward. Metrofile Holdings anticipates generating positive free cash flow in the 2025 financial year.
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Original article source: https://www.dailymail.co.uk/wires/reuters/article-13854519/BRIEF-Metrofiles-CEO-Pfungwa-Serima-Will-Resign-Thabo-Seopa-To-Take-Over.html
Source Id: 2024-09-486442815