An improving financial situation for one of our largest companies, Fletcher Building.

It's announced half-year results, weeks after agreeing to sell off its construction arm.

The company's confirmed a half-year loss of $11 million - compared to a loss of $134 million in the year before.

Milford Asset Management's Jeremy Hutton unpacked the reactions.

LISTEN ABOVE

An improving financial situation for one of our largest companies, Fletcher Building.
It's announced half-year results, weeks after agreeing to sell off its construction arm.
The company's confirmed a half-year loss of $11 million - compared to a loss of $134 million in the year before.
Milford Asset Management's Jeremy Hutton unpacked the reactions.
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

Jeremy Hutton: Milford Asset Management expert on the market reactions to Fletcher Building

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/06185d8c-4116-4f23-8ba7-b3f500733e25/transcript