52 Week Range
As of on the New Zealand Stock Exchange ∙ Minimum 15 minute delay
3M AVG Volume
52 Week High
52 Week Low
Shares Out (MIL)
Market Cap (MIL)
Dividend (Yield %)
Fletcher Building Says HY Net Profit After Tax NZ$121 Million
Fletcher Building Sees 1H21 EBIT Before Significant Items NZ$305 Mln To NZ$320 Mln
Fletcher Building 4-Mth EBIT Before Items NZ$227 Mln
Fletcher Building Limited is a holding company. The Company is involved in the manufacturing and distribution of building materials, and residential and commercial construction. Its segments include Building Products, International, Distribution, Residential and Land Development, and Construction. The Building Products segment is a manufacturer, distributor and marketer of building products used both commercially and in residential markets. The International segment includes laminates and panels businesses that manufacture and distribute decorative surface laminates. The Distribution segment consists of building, plumbing, pipeline and steel distribution businesses in Australia and New Zealand. The Residential and Land Development segment develops land holdings for both residential and commercial use, and is a residential home builder. The Construction segment includes Fletcher Construction, a general contractor in New Zealand and the South Pacific.
Constr. - Supplies & Fixtures
810 Great South Road, Penrose
Bruce Ronald Hassall
Independent Non-Executive Chairman of the Board
Ross Harold Taylor
Chief Executive Officer
Chief Financial Officer
Steven Trevor Evans
Chief Executive Residential and Development
Chief Executive - Australia
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Price To Book (MRQ)
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New Zealand's Fletcher Building Ltd <FBU.NZ> reported an annual loss on Wednesday, hurt by project delays, higher cost provisions and one-time restructuring expenses due to the COVID-19 pandemic.
New Zealand's Fletcher Building on Tuesday forecast its first annual net loss in two years and warned of persistent challenges across its supply chains in the year ahead due to disruptions caused by the coronavirus pandemic.
New Zealand's Fletcher Building on Tuesday warned of an annual net loss compared to a profit in the previous year, as the coronavirus pandemic led to additional provisions on its projects and one-off restructuring costs.
Fletcher Building Ltd on Wednesday warned that the novel coronavirus will lead to a sharp downturn in 2021 and potentially beyond as it laid off about 10% of its workforce.
Fletcher Building Ltd on Wednesday warned that the coronavirus will lead to a sharp downturn in 2021 and potentially beyond as it laid off 1,500 staff to weather the hit to operations.
Fletcher Building suspended its share buyback program and scrapped its interim dividend on Wednesday, as New Zealand's biggest building firm grapples with the impact of strict government measures to control the spread of the coronavirus.
* TO CANCEL FY20 INTERIM DIVIDEND DUE TO HAVE BEEN PAID ON 9 APRIL, TO SUSPEND ON-MARKET SHARE BUYBACK PROGRAMME
Fletcher Building said on Wednesday it would provide an update next February on the delivery date of a key project after a massive fire at the site last month added to delays in its construction.
Fletcher Building <FBU.NZ> and SkyCity Entertainment <SKC.NZ> on Wednesday said a "significant" fire at the construction site of the New Zealand International Convention Centre (NZICC) is expected to delay the project.
New Zealand's home builder Fletcher Building Ltd posted an annual net profit on Wednesday, compared with a year-earlier loss, boosted by increased home sales and higher demand for its building products in its domestic market.
New Zealand's home builder Fletcher Building Ltd on Wednesday posted an annual net profit compared to a loss in the previous year, benefiting from higher demand for building products and distribution in its local market.
Fletcher Building Ltd on Tuesday lowered its operating profit forecast for fiscal year 2019 after completion of the sale of its Formica business, sending shares in New Zealand's largest builder sharply lower.
New Zealand's largest builder Fletcher Building Ltd on Tuesday lowered its operating profit guidance for fiscal year 2019, after completion of the sale of its Formica business to Broadview Holding BV.
* Shares climb 6.8 pct, before paring gains (Adds market reaction, investor comment)
New Zealand's largest builder Fletcher Building on Tuesday said it had entered into an agreement to sell the Formica Group to Netherlands-based Broadview Holding BV for $840 million.
New Zealand's Fletcher Building on Wednesday posted an annual loss due to mounting costs at its commercial construction unit and impairment charges from the consolidation of its Australian operations.
New Zealand's Fletcher Building Ltd on Friday said it would hive off its 50 percent stake in the Sims Pacific Metals joint venture to Sims Metal Management Ltd for NZ$42 million ($28.37 million), in line with its strategy to divest non-core businesses.
New Zealand casino operator SkyCity Entertainment Group said on Tuesday construction of a convention centre would see fresh delays as it flagged a likely 3 percent growth in full-year core earnings.
* Capital raise part of re-set to deal with cost blowouts (Adds investor comment)
Shares in New Zealand's Fletcher Building rose 1.65 percent on Friday after a three-day trading halt to allow the company to carry out a capital raise.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.