
Second half-year tougher than expected: Fletcher downgrades full-year profit
Falling revenue and margin pressure in some building products businesses cited in update.
Falling revenue and margin pressure in some building products businesses cited in update.
Workers face fallout after turmoil at Fletcher Building.
South Auckland industrial caught the eye of our wealthiest man, who is advancing plans.
Twenty-five chief executives received at least $2m in remuneration in 2023.
Lease is for 48 years, land is classified as sensitive, across the road from beach.
Secured creditors listed include the BNZ, PlaceMakers and The Warehouse.
In the second of his new mid-week columns, Liam Dann answers reader questions.
Leaked letters reveal attempts to assuage shareholder concerns with one-on-one meetings.
Big new commercial hub and logistics centre is planned.
Mid-April and a date in June are when the next actions occur against the casino giant.
Moody's might downgrade after big net loss and more cost blowouts.
'All they did was inject another level of risk ... the CEO is not the problem here.'
The just-resigned CEO of the biggest construction company, Ross Taylor, explains how Fletcher Building has lost hundreds of millions of dollars in a matter of years, and if it can ever be fixed. Video / Carson Bluck
Fletcher Building feels the brunt of a surprise earnings downgrade.
Fletcher shocked the market with an unexpected $120 million first-half loss.
“I see what I’m doing here as a really important cultural statement."
'Diabolical' - fire, Covid, rising steel prices, mould, replacing steel, new contractors.
Possible Valentine's Day resignation will come with another financial hit.
A blow-out in NZ International Convention Centre costs caused the share slump.
The retirement village operator dragged up other parts of the market in a broad rally.
They lurk in the shadows & whisper in the ears of company CEOs. They are the spin doctors.
Will the owner of the $22 million waterfront mansion go ahead with the scheme?
The vendor has national operations in the funeral sector and is listed on the ASX.
$1b losses had been a 'near-death experience', the company would never return to that.
Today we launch this new regular feature, focusing on what's going on in property.
The market didn't experience the jump that investors thought after the election result.
Poor installation practices in Perth were cited including over-bending, poor lagging.
The company's pipe business has turned into a nightmare.
Doing 'repipes' on 11,817 homes for around A$60,000 each - BGC arrives at a big bill.
Most of the talk in the market was around Fletcher Building.