The boss of Fletcher Building says the company's in a much better position now than it was this time last year.

It's reported a full year net profit of $228 million, up from a net loss of $419 million last year.

The company has sold several business arms - including its Fletcher Construction division to French multinational Vinci.

CEO Andrew Reding says this is a very good start for the business - but the journey's not over just yet.

LISTEN ABOVE

The boss of Fletcher Building says the company's in a much better position now than it was this time last year.
It's reported a full year net profit of $228 million, up from a net loss of $419 million last year.
The company has sold several business arms - including its Fletcher Construction division to French multinational Vinci.
CEO Andrew Reding says this is a very good start for the business - but the journey's not over just yet.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Andrew Reding: Fletcher Building CEO on the company returning to profit after downturn

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/601e874e-8de6-4870-b465-b4ab006ef037/transcript