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'Ongoing Process': Fletcher Building CEO Responds After 308 Corporate Job Cuts
CEO Andrew Reding outlines strategic measures including $200 million in savings, division sales, and job cuts to simplify operations and address market challenges.
Summary
3 Articles
3 Articles
Fletcher Building shares steady on half-year results and construction exit
The Fletcher Building Ltd (ASX: FBU) share price is in focus after the Kiwi building products and materials group posted half-year revenue of $2.87 billion and an improved net operating cash flow of $156 million. What did Fletcher Building report? Revenue from continuing operations: $2,866 million, largely steady on the prior period EBIT before Significant Items: $145 million (5.1% margin, matching last year) Net profit after tax from continuin…
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Total News Sources3
Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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