Report
Lincoln Valentine
EUR 101.80 For Business Accounts Only

Fletcher Building Trading Halt; More Losses From Construction

Fletcher Building this morning requested a trading halt until Monday, Feb. 12. A further review of projects under the B&I construction business has led to an increase in expected losses beyond what was guided for at the October AGM. The announcement makes no mention of the scale of the additional losses and management believes they will only be able to provide further clarity on Monday, at which time the trading halt will be lifted. The notice does state the losses will cause the company to ...
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Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

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Analysts
Lincoln Valentine

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