'We are nearly there,' Fletcher chair tells shareholders

'We are nearly there,' Fletcher chair tells shareholders
Fletcher chair Bruce Hassall says the business will tough it out. (Image: Fletcher)
Victoria Young
Despite it being an annual meeting, Fletcher Building chair Bruce Hassall felt it necessary to traverse the past five years of the construction materials company’s history for shareholders on Friday. “We have no choice but to tough it out; we are nearly there,” Hassall said ahead of his re-election, referring to commercial construction projects that have dogged the firm for years. “The board and management share the frustration of our shareholders and that these have cost more to complete than planned...

More Markets

NZ sharemarket claws back to end the week up 0.5%
Markets Market close

NZ sharemarket claws back to end the week up 0.5%

Index rumours drive prices on two shares. 

Graham Skellern 13 Dec 2024
Staff leave Meridian after retail 'reset'
Markets

Staff leave Meridian after retail 'reset'

Expect a very different approach from Meridian in 2025, executive says.

John Anthony 13 Dec 2024
NZX, NZSA want level playing field in climate reporting
Markets

NZX, NZSA want level playing field in climate reporting

Climate reporting liabilities for company directors could soon be eased.

Greg Hurrell 13 Dec 2024
Cannasouth delisting keeps Petterson in charge
Markets

Cannasouth delisting keeps Petterson in charge

Cannasouth major shareholders pushed to end voluntary administration they had called in.

Garth Bray 13 Dec 2024