'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

Westpac Bank’s Eckhold says April cut likely wrong move
Economy

Westpac Bank’s Eckhold says April cut likely wrong move

Economists are widely expecting a 25 bps rate cut next week. 

Trump-era FX 'compounding' margin losses, analysts say
Retail

Trump-era FX 'compounding' margin losses, analysts say

"Liberation day" could make matters worse, says Kiwibank’s Kerr.

The simple strategy behind Dairyworks
Primary Sector

The simple strategy behind Dairyworks

Is New Zealand still fixated on the 1kg block of cheese?

NZ sharemarket up 0.3%, Tower dominates trading
Markets Market Close

NZ sharemarket up 0.3%, Tower dominates trading

The S&P/NZX 50 Index closed at 12,312.6, up 42.6 points or 0.35%.

Graham Skellern 01 Apr 2025