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MONROVIA, Calif. China Manufacturers Alliance L.L.C.(CMA) has added six indiviuidals to the Double Coin brand s team of sales executives.
The appointments are part of Double Coin s expansion plans, according to Tim Phillips, vice president of marketing and operations for Double Coin/CMA. I am thrilled to grow Double Coin s team with these highly accomplished individuals who have been in the tire industry for many years, Mr. Phillips said. Each one will be a great asset in furthering the Double Coin brand. With their leadership, we will be able to better serve the needs of our customers in 2021 and beyond. I believe that our success is a direct reflection of the people we have throughout the company.
Why the National Tyre (ASX:NTD) share price rocketed 21% today
Ken Hall | April 13, 2021 10:38am |
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National Tyre & Wheel Ltd (ASX: NTD) share price has surged more than 21% this morning after another trading update from the Aussie motor vehicle group.
At the time of writing, National Tyre shares are trading at $1.04.
Why is the National Tyre share price climbing?
The National Tyre share price has rocketed higher at the open following a 2.4% gain in yesterday’s trade. Today’s big news was National Tyre providing updated guidance for the financial year ended 30 June 2021 (FY2021).
National Tyre reported that trading in Q3 had “continued recent trends”. As a result, it expects to record operating earnings before interest, tax, depreciation and amortisation (EBITDA) of between $31 million and $33 million in FY2021. That figure excludes items relating to the August 2020 Tyres4U acquisition and AASB16 adjustments.