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Fletcher Building resumes trading

Author
Newstalk ZB,
Publish Date
Mon, 16 Oct 2023, 7:15AM
Photo / Supplied
Photo / Supplied

Fletcher Building resumes trading

Author
Newstalk ZB,
Publish Date
Mon, 16 Oct 2023, 7:15AM

Trading in Fletcher Building resumes this morning after the Kiwi construction giant pushed back on a Perth company's claims about leaks in its Iplex pipes. 

JMI Wealth Director Andrew Kelleher told Mike Hosking that Fletcher is front-footing the allegations, claiming other companies haven't experienced similar issues and it was due to poor installation. 

He says the company's response should be successful in mitigating the degree to which the market will react today, when trading resumes. 

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