New Fletcher CEO is confident there won't be further losses
Fletcher provided much more detail than previously on its problem projects. Watch the video of chairman Sir Ralph Norris explaining the losses.
Fletcher Building’s [NZX:FBU] new chief executive says he believes the remaining construction projects can be completed without further writedowns.
The company says its Building + Interiors unit will lose $660 million in operating profit this year after losing $292 million last year.
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Jenny Ruth
Wed, 14 Feb 2018
Wed, 14 Feb 2018
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New Fletcher CEO is confident there won't be further losses
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