Fleetwood: Result 2015

There was good and bad in Fleetwood's result but the market saw just one thing.

Fleetwood’s full year results were both good and bad. Revenue fell 18% to $300m and operating profit declined 12% to $9m, which sounds terrible until you consider that the company has a market capitalistion of just $100m. At the operating profit level, this wasn’t a bad outcome.

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