Metroglass delivers ‘unsatisfactory’ result, drops to $27.5m loss
The beleaguered glass supplier has implemented leadership change and cost-cuts but outlook remains ‘soft’.
A Metroglass truck speeds to its destination.
NZX and ASX-listed Metro Performance Glass (Metroglass) said its New Zealand business needs an “immediate step-change in performance” as it expects stubbornly high inflation and interest rates to continue to weigh on the softened construction sector.
The company today delivered what the board
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