Oliver Mander: NZ Shareholders Association CEO on Fletcher Building disappointing shareholders at recent AGM
Heather du Plessis-Allan Drive · 2024-10-23
Fletcher Building's chief executive and board faced up to some very disappointed shareholders at today's annual general meeting.
Company chief executive Andrew Reding revealed margins were under pressure - with revenue down 12 percent in September versus 7 percent down in July and August, compared to the year earlier.
NZ Shareholders Association CEO Oliver Mander was at the meeting, and he noted the company seemed 'humbled'.
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