NZ's Metro Performance Glass falls on posting full-year loss, weak outlook

Metro Performance Glass

27/05/2025 03:42

** Shares of Metro Performance Glass MPG.NZ fall 1.8% to NZ$0.054

** Stock's lowest level since May 23

** Double-glazed window supplier reports full-year net loss after tax of NZ$13.5 mln ($8.09 mln)

** Co expects New Zealand market to stay flat through fiscal year 2026

** Actively pursuing an equity raise - co

** Stock down 21.7% this year, including the day's move

($1 = 1.6686 New Zealand dollars)

 (Reporting by Shivangi Lahiri in Bengaluru)

 ((shivangi.lahiri@thomsonreuters.com))