Fletcher Building
FBU.ASXIndustrials
Construction, distribution, heavy building materials, light building products, and residential housing and land development
Market Data
$2.615
+0.0%$2.8B
-100000.0x
$-0.221
0.00%
-0.1%
Latest Earnings
Fletcher Building Announces FY26 Half Year Results
18 February 2026
Fletcher Building reported stable half-year results despite challenging market conditions, with continuing operations revenue of NZ$2.87B (flat on prior period) and EBIT before significant items of NZ$145M. The company announced the divestment of its Construction Division to VINCI for NZ$316M, marking a major step in portfolio simplification, though no interim dividend was declared given the challenging outlook. Key points: Announced divestment of Construction Division to VINCI for NZ$315.6M with potential upside to NZ$334.1M; Net cash from operating activities improved to NZ$156M from NZ$87M in prior period; Achieved approximately NZ$45M of cost savings across warehouse, distribution and admin expenses
Recent Announcements
Fletcher Building Announces FY26 Half Year Results
Fletcher Building reported stable half-year results despite challenging market conditions, with continuing operations revenue of NZ$2.87B (flat on prior period) and EBIT before significant items of NZ$145M. The company announced the divestment of its Construction Division to VINCI for NZ$316M, marking a major step in portfolio simplification, though no interim dividend was declared given the challenging outlook. Key points: Announced divestment of Construction Division to VINCI for NZ$315.6M with potential upside to NZ$334.1M; Net cash from operating activities improved to NZ$156M from NZ$87M in prior period; Achieved approximately NZ$45M of cost savings across warehouse, distribution and admin expenses
Half Year Results Announcement Date
Fletcher Building advises that its half-year financial results for the six months ending 31 December 2025 will be released prior to market opening on Wednesday, 18 February 2026.
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