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Metro Performance Glass (MPG) investor relations material
Metro Performance Glass AGM 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.AGM 2025 summary29 Sep, 2025
Opening remarks and agenda
Chair welcomed attendees, introduced the board and executive team, including new appointments, and outlined the meeting format, agenda, and Q&A procedures.
Board and executive committee updates
Directors and key executives, including new CFO Sarah Hipkiss and new country managers, were introduced, with Julia Mayne and Stephen Robertson up for (re-)election as directors.
The board emphasized a shift to a more agile, debate-driven, and fit-for-purpose approach.
Financial performance review
Recapitalisation received 95% shareholder support, raising $23.9m and reducing debt by approximately $34 million, with a new three-year banking facility effective 19 September.
Positive cash flow trend and margin improvement metrics were reported, with average selling price per m2 and operational quality tracked monthly.
Headcount reduced by 17% in New Zealand over two years and by 5% in Australia over the past year to align with lower volumes.
Post-raise, what's the key operational focus?
How to navigate market overcapacity?
Improve regional installation service profitability?
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Next Metro Performance Glass earnings date
H1 202626 Nov, 2025
Next Metro Performance Glass earnings date
H1 202626 Nov, 2025
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Frequently asked questions
Metro Performance Glass Limited is a New Zealand-based company specializing in the production, processing, and distribution of glass products for residential and commercial buildings. The company provides a range of glass solutions, including double-glazing, safety glass, and decorative glass, aimed at enhancing energy efficiency, aesthetics, and safety in construction projects. Metro Performance Glass serves architects, builders, and homeowners, offering products for windows, doors, facades, and interior applications. In addition to manufacturing, the company provides installation and technical support. The company is headquartered in Auckland, New Zealand, and its shares are listed on the NZX.
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