POA spending ‘like drunken sailors’
One analyst is scathing about one of Auckland Council’s largest assets.
Graham Skellern
Thu, 12 Sep 2019
A lower dividend, a possible fall in profit and a substantial rise in debt will be Ports of Auckland’s offering when it announces its latest annual result by the end of the month.
One analyst said the result won’t be great. “Ports of Auckland keep spending like drunken sailors. If you were
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Graham Skellern
Thu, 12 Sep 2019
Contact the Writer: graham@nbr.co.nz
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POA spending ‘like drunken sailors’
Analysis,
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