CENOMI RETAIL ACHIEVES IMPROVEMENT IN PROFIT, AND APPOINTS NEW CEO, ACCELERATING TRANSFORMATION PROGRAM
Cenomi Retail reports solid financial results in FY22, with a 15% rise in net profit
Stable revenue performance, with international portfolio continuing on growth trajectory
“Cenomi” launched as a full rebrand, marking a new era of growth and prosperity
Brand portfolio rationalization underway, with 26 non-strategic brands earmarked for divestments, to focus on Champion Brands and enhance profitability
Appointment of Dr Günther Helm as new CEO, to spearhead the organization’s continued transformation program