Wednesday, September 2, 2026

Fletcher Building posts $419m loss

Fletcher Building has reported a full-year net loss of $419 million, increasing from $227 million last year, as revenue fell to $7.0b and underlying profit dropped to $384m.

While no dividend was declared, net debt fell to $999m.

Fletcher expects subdued demand in New Zealand and mixed signals in Australia, but aims for stronger long-term returns.

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