Fletcher led the index higher as building consents point to increased activity.
Despite the solid results, markets were expecting more, leading to a slide in the share price.
USX-listed company in ‘stronger position’ as strategic review concludes and key investors convert notes.
With CEO David Mair’s exit, Skellerup reports dip in profits and revenue, yet sees strength in Industrial Division.
The healthcare landlord plans for returning to growth include further interest rate hedging and new developments.
The battered financial services giant sees a path to future prosperity through New Zealand, alongside four other business units.
Statutory net profit fell 11% to $749 million in the six months ended December 31.
The market delivered a savage reaction to the company's results announcement this morning, which included a $122m impairment and the exit of the chair and CEO.
December quarter report shows some positive sentiment returning to markets, as total KiwiSaver AUM cracks $100b.
Industrial services outperformance saved the conglomerate from a struggling media sector.
