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Carl Taylor: Combined Building Supplies Co-op Chair on what Fletcher Building's poor results mean for the wider industry

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Fletcher Building's poor results are believed to be indicative of wider pain in the construction sector. 

The company's half-year financial results painted a dire picture, with a $120-million net loss. 

Chief Executive Ross Taylor announced his resignation yesterday alongside Chair Bruce Hassall. 

Combined Building Supplies Co-op Chair Carl Taylor told Mike Hosking that the industry is hurting. 

He says it is quiet out there, and their numbers are down too. 


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