‘People did lose their jobs’ – Fletcher CEO
In a conference call on its $110 million profit downgrade, chief executive hints at fraught background and potential legal claims.
Heads have rolled over the $110 million hit taken by Fletcher Building after a cost blowout on major construction projects, its chief executive says.
In a conference call with analysts, Fletcher CEO Mark Adamson said he became aware of the problems “late calendar” year.
“It’s inappropriate to
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Tim Hunter
Mon, 20 Mar 2017
Mon, 20 Mar 2017
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‘People did lose their jobs’ – Fletcher CEO
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