Critical Charter first
PA Wellington In a first for a publicly listed company, Charter Corp, Ltd, has published a critical self-analysis of its first 30 months trading in a corporate review document. The document, titled “30 Months Out — Philosophy, Achievements and Comparisons”, examines the company philosopy
ana reviews ns achievements. “We felt that 30 months out was an appropriate time to take a good hard look at ourselves. We set out to review our underlying business philosophy and also to measure our progress against the strategies We originally proposed in the prospectus when Charter was launched in early 1984”,
said Mr Chris Castle, managing director of Charter. The document also compares Charter’s actual results with those forecast in the original prospectus The document concludes that Charter outperformed its original prospectus predictions, has achieved a greater than expected increase intotal shareholders’ funds,
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Press, 21 February 1987, Page 24
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141Critical Charter first Press, 21 February 1987, Page 24
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