Quote Originally Posted by Sideshow Bob View Post
https://www.nzx.com/announcements/335386

FY19 guidance down by $30m
Ah well, so they bought Formica in 2007 for US$700m and are selling now for US$840m. That's roughly 1.5% capital appreciation per year, less than inflation.

Not flash, but I guess - could have been worse, couldn't it?