First Squawk(@FirstSquawk):FLETCHER BUILDING HAS RETURNED TO PROFIT WITH EBIT UP 26%, THOUGH IT SAYS THE ECONOMIC, POLITICAL AND GEOPOLITICAL BACKDROP REMAINS UNCERTAIN AND IS EXPECTED TO WEIGH ON PERFORMANCE IN H1 FY27, WITH A MEANINGFUL RECOVERY IN UNDERLYING VOLUMES NOT EXPECTED UNTIL CY2027. FLETCHER BUILDING SEES FY27 CAPITAL EXPENDITURE OF NZ$170 MLN.

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First Squawk@FirstSquawk

2026.08.18 20:34

FLETCHER BUILDING HAS RETURNED TO PROFIT WITH EBIT UP 26%, THOUGH IT SAYS THE ECONOMIC, POLITICAL AND GEOPOLITICAL BACKDROP REMAINS UNCERTAIN AND IS EXPECTED TO WEIGH ON PERFORMANCE IN H1 FY27, WITH A MEANINGFUL RECOVERY IN UNDERLYING VOLUMES NOT EXPECTED UNTIL CY2027. FLETCHER BUILDING SEES FY27 CAPITAL EXPENDITURE OF NZ$170 MLN.