Formica enjoys a strong improvement in its earnings

Divestments make NZD140m dent into Fletcher’s profits

The laminate producer Formica Corp., based in Cincinnati, Ohio, delivered a considerable improvement in its earnings in the 2018/2019 financial year (30 June). The New Zealand building products group Fletcher Building Ltd., headquartered in Auckland, sold Formica to Broadview Holding B.V., based in s’Hertogenbosch, ...

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