Forsyth Barr takes wait-and-see approach to Briscoe Group growth initiatives

Forsyth Barr takes wait-and-see approach to Briscoe Group growth initiatives
Briscoe Group has comitted $100 million to its distribution centre. (Image: Supplied)
Gregor Thompson
Forsyth Barr analysts are applying a wait-and-see approach to Briscoe Group’s growth plans. Managing director Rod Duke and chief operations officer Andrew Scott provided details about how the firm’s $100 million investment in a distribution centre (DC) will change operations and introduced a concept for smaller “metro stores” at the annual general meeting (AGM) on Thursday.In an investor note released on Friday morning, Forsyth Barr analysts Paul Koraua and Rohan Koreman-Smit said the initiatives could contribu...

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