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

Heather du Plessis-Allan Drive

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19h ago 4:31

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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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