Recently-appointed Yowie Group chairman Louis Carroll has admitted the novelty chocolate maker created false expectations with its previous sales growth forecasts and refused to rule out board changes after the dumping of chief executive Bert Alfonso.
Shares in the Perth-headquartered company went into meltdown on Wednesday when it slashed sales growth guidance for 2017-18 from 55 per cent to 17 per cent.
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
Brad Thompson writes across business and politics from Western Australia for The Australian Financial Review. Brad is based in our Perth bureau. Connect with Brad on Twitter. Email Brad at brad.thompson@afr.com
