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

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

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

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/377e9a64-7fa4-4a6d-8f87-b3f500733d49/transcript