Bremworth Limited (NZE:BRW)
New Zealand · Delayed Price · Currency is NZD 0.7400
-0.0050 (-0.67%)
Apr 29, 2026, 2:45 PM NZST
Bremworth Earnings Call Transcripts
Fiscal Year 2025
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The AGM covered improved financial results, a proposed sale to Floorscape (Mohawk), and strategic shifts including re-entry into the synthetic carpet market. Shareholders approved all resolutions, and the board emphasized the trade-off between certainty of value and long-term risks.
Fiscal Year 2024
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The meeting reviewed a challenging year marked by Cyclone Gabrielle, which impacted supply and delayed dividends, but significant progress was made in rebuilding operations, establishing a hybrid supply chain, and launching new products. The board targets a return to dividends by FY26, with growth expected in NZ, Australia, and new markets. Over 92% of votes supported all resolutions.