Efforts to restructure and cut costs were not enough to offset falling sales and margins for the premium appliance company.
The resignation comes during a difficult time for the business.
Co-op’s turnaround effort will stretch into next year.
Straker Translation’s shares are on an upward trajectory.
Better things are to come after today’s strong results, departing CEO says.
The shareholder activist group hopes to make a point about transparency.
Petrol-price increases squeeze household consumption on other items.
Despite that, Hallenstein Brothers faced a “tougher season.”
Dividend up 22% from last year to 39c; net profit increases.
Co-op expects loss of $590-$675m after asset impairments.