Fletcher spreads NZ 'learnings' to Australia, spending A$10M on Tradelink expansion

Wed, 27 Apr 2016

By Fiona Rotherham April 28 (BusinessDesk) - Fletcher Building’s Distribution division is spending A$10 million to expand the footprint of its Australian bathroom and plumbing supplies business Tradelink by 60 branches, based on lessons learnt from the turnaround of its New Zealand-based Mico brand and growth in Placemakers. Distribution chief executive Dean Fradgley said Tradelink, which generates a quarter of the division’s revenue, is the number one priority to deliver sustainable earnings growth. Under changes last August, Fletcher...

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