Investments

To be or not to be? (A Conglomerate)

Tuesday 17th of July 2018

Taylor chose to make the comparison based on Total Shareholder Returns rather than performance metrics such as cash flow or earnings.

Under the TSR metric Fletcher Building sits firmly mid-pack, rewarding shareholders with a relatively meager 4% return over the previous 10 years. 

Taylor’s point was that this was clearly not good enough, and that material suppliers...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.