1999 Annual Report

HIGHLIGHTS: Divesting of Engineering Operations. Acquisition of BHP Steel Building Products New Zealand Ltd. This will enhance our established Roofing Business. A J Forsyth & Company Limited: Further operational efficiencies obtained in a very difficult trading environment. Steel Distribution & Processing: Increased sales and market share for value added products in South Island. Metal Fastening operations showed improved results over the year. Continued improvement shown in the Group’s Health and Safety Record.

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