Fletcher posts 23pc drop in operating earnings
Fletcher's earnings are in line with its profit warning last month.
Fletcher's earnings are in line with its profit warning last month.
COMMENT: Investors will be hoping there is not another tsunami of red ink.
COMMENT:Former top company executive blames the move to centralised management structure.
Building structures at the $700 million Auckland work site are rising.
OPINION: Why wasn't company able to find a new permanent CEO within its own ranks?
Investing is a smart way to look after your money but what do you do if it all goes wrong?
Costs on two big Fletcher Building projects have blown-out by an estimated $231 million.
OPINION: Fletcher Building's "pompous old farts" will be having the last laugh.
Profit downgrade, a sudden exit by the CEO - what's gone wrong?
SkyCity says it's comfortable with the delay from Fletcher on the $470m convention centre.
The email to senior staff last year called one unit "full of pompous old farts".
Fletcher Building has appointed Francisco Irazustra as its new acting chief executive.
Fletcher Building announced the departure of CEO Mark Adamson.
Mark Adamson is leaving Fletcher Building immediately.
Graham Darlow forfeited about $1.2m of shares. .
COMMENT: Companies with higher ESG ratings are, on average, outperforming their peers.
Expert says Fisher & Paykel Healthcare and A2 popular.
Stock Takes: Fletcher Building looks like a break-up target, but break-ups are hard.
Speculation about a break-up or buyout of Fletcher Building has re-emerged.
COMMENT: Individual shareholders have drawn the short straw in NZ, writes Brian Gaynor.
COMMENT: Investor returns are mixed at best in volatile industry, writes Mark Lister.
COMMENT: The Shareholders' Association is on the warpath.
Investment specialists say the departure of Graham Darlow is regrettable.
Fletcher Building has made changes including to its staff after the $110m downgrade.
Cost overruns that push building projects into the red aren't the Govt's concern
Fletcher Building shares tumbled 12 per cent after the company cut its full-year earnings guidance.