Fletcher Building's chief executive and board faced up to some very disappointed shareholders at today's annual general meeting.

Company chief executive Andrew Reding revealed margins were under pressure - with revenue down 12 percent in September versus 7 percent down in July and August, compared to the year earlier.

NZ Shareholders Association CEO Oliver Mander was at the meeting, and he noted the company seemed 'humbled'.

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The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts.

Fletcher Building's chief executive and board faced up to some very disappointed shareholders at today's annual general meeting.
Company chief executive Andrew Reding revealed margins were under pressure - with revenue down 12 percent in September versus 7 percent down in July and August, compared to the year earlier.
NZ Shareholders Association CEO Oliver Mander was at the meeting, and he noted the company seemed 'humbled'.
LISTEN ABOVE
The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts.

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Oliver Mander: NZ Shareholders Association CEO on Fletcher Building disappointing shareholders at recent AGM

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/34f35ca7-6088-4e89-bc32-b212017e14e5/transcript