Additional Fletcher Building losses were the result of 'a sanity check'
New chief executive Ross Taylor says Fletcher is no longer basing forecasts on hope.
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Hawke’s Bay
Fletcher Building’s [NZX: FBU] new boss says it was “a sanity check” and a more pragmatic approach that led to the company more than doubling previous estimates of its losses on major construction projects.
Analysts appeared at a loss to understand what had happened between October and this week
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Jenny Ruth
Thu, 15 Feb 2018
Thu, 15 Feb 2018
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Additional Fletcher Building losses were the result of 'a sanity check'
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