Metro Performance Glass tries not to crack under shareholder outrage

Metro Performance Glass tries not to crack under shareholder outrage
CEO Simon Mander said management forecasts for AGG in the 2024 financial year were for A$79m (NZ$85m) in revenue. (Image: BusinessDesk)
Ella Somers
Fuming shareholders jostled to give their two cents' worth on the future of Metro Performance Glass at its annual meeting on Tuesday, while director Graham Stuart – who was up for re-election – was voted off the board.Not even five minutes into Metroglass’ annual meeting, chair Peter Griffiths told the room that 83.9 million votes with the shares on issue had been cast and the re-election of Graham Stuart wouldn’t be successful. By the end of the meeting, 84m votes had been cast on Stuart’s re-el...

More Markets

Hallenstein stars as NZ stocks drift lower
Markets Market Close

Hallenstein stars as NZ stocks drift lower

The S&P/NZX 50 Index was 42.06 points or 0.32% lower at 13,111.73.

Jamie Gray 26 Sep 2025
Trump to slap new tariffs on pharma
Markets

Trump to slap new tariffs on pharma

Levies on drugs will be imposed on companies that aren’t building plants in the US.

2 Cheap Cars signals branding gear change to chase Turners
Markets

2 Cheap Cars signals branding gear change to chase Turners

At the AGM, a shareholder cited Turners' “very aggressive marketing strategy”.

Gregor Thompson 26 Sep 2025
Hallenstein Glasson reports sales hike to start year
Retail

Hallenstein Glasson reports sales hike to start year

Hallenstein Glasson has reported an early-year sales lift linked to continued growth in its Australian Glassons segment.The clothing retailer reported its full-year earnings for the year to Aug 1 on Friday. Net profit after tax lifted 12.1% to $58.4 million and was at the top end...

Gregor Thompson 26 Sep 2025