Fletcher Building Limited (NZE:FBU)
New Zealand · Delayed Price · Currency is NZD | Market Cap | 4.01B +6.4% |
| Revenue (ttm) | 5.99B +7.3% |
| Net Income | 228.00M |
| EPS | 0.21 |
| Shares Out | 1.07B |
| PE Ratio | 17.89 |
| Forward PE | 20.07 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 498,655 |
| Open | 3.720 |
| Previous Close | 3.750 |
| Day's Range | 3.710 - 3.800 |
| 52-Week Range | 2.650 - 4.080 |
| Beta | 0.68 |
| Analysts | Hold |
| Price Target | 3.69 (-1.23%) |
| Est. Earnings | Nov 18, 2026 |
About Fletcher Building
Fletcher Building Limited, together with its subsidiaries, manufactures and distributes building products in New Zealand, Australia, and internationally. It operates through Light Building Products; Heavy Building Materials; Distribution; and Residential and Development segments. The company manufactures, distributes, and markets light building products, including plasterboard, laminates and panels, insulation, and plastic and concrete piping, as well as steel products, drywall systems, and associated products and services used in residential, ... [Read more]
Financial Performance
Financial StatementsAnalyst Summary
According to 13 analysts, the average rating for FBU stock is "Hold." The 12-month stock price target is $3.69, which is a decrease of -1.23% from the latest price.
News
Fletcher Building made $228m profit. Shareholders still won’t get a dividend - yet
Fletcher Building's turnaround won rare praise from shareholders at its annual meeting.
Fletcher Building Transcript: AGM 2026
FY26 returned to positive earnings, improved ROIC and reduced net debt, while no dividend was declared pending stronger free cash flow and lower debt. Portfolio simplification and operational investment continued amid subdued markets, legacy project exposure and a renewed safety focus.
Fletcher Building Slides: FY 2026
Fletcher Building has posted slides in relation to its FY 2026 quarterly earnings report, which was published on October 20, 2026.
Fletcher Building Slides: Investor presentation
Fletcher Building has posted slides in relation to its latest quarterly earnings report, which was published on September 28, 2026.
Fletcher Building Earnings Call Transcript: H2 2026
Steady performance was delivered in a tough macro environment, with revenue up 7.3%, net earnings positive at NZD 228 million, and net debt reduced to NZD 637 million. Portfolio simplification and cost discipline improved ROIC, but volume recovery is not expected until 2027.
Fletcher Building Slides: H2 2026
Fletcher Building has posted slides in relation to its H2 2026 quarterly earnings report, which was published on August 18, 2026.
Fletcher Building Earnings release: H2 2026
Fletcher Building released its H2 2026 earnings on August 18, 2026, summarizing the period's financial results.
Fletcher Building Annual report: H2 2026
Fletcher Building has published its H2 2026 annual report on August 18, 2026.
Fletcher Building Earnings release: Trading update
Fletcher Building released its earnings on June 16, 2026, summarizing the period's financial results.
From airlines to banks: Australian, New Zealand firms feel heat of Gulf crisis
Companies in Australia and New Zealand are beginning to signal the financial strain from the U.S.-Israeli war on Iran, as higher fuel prices stoke inflation, dent business and consumer confidence, and...
Fletcher Building Earnings Call Transcript: H1 2026
H1 FY26 saw stable revenue and EBIT despite tough conditions, with cost out and portfolio simplification progressing. Construction divestment and asset sales will strengthen the balance sheet, while margin and volume pressures persist, especially in New Zealand.
Fletcher Building Quarterly report: H1 2026
Fletcher Building has published its H1 2026 quarterly earnings report on February 17, 2026.
Fletcher Building Slides: H1 2026
Fletcher Building has posted slides in relation to its H1 2026 quarterly earnings report, which was published on February 17, 2026.
Fletcher Building Earnings release: H1 2026
Fletcher Building released its H1 2026 earnings on February 17, 2026, summarizing the period's financial results.
Fletcher Building downgraded to Underweight from Equal Weight at Morgan Stanley
Morgan Stanley downgraded Fletcher Building (FRCEF) to Underweight from Equal Weight with a price target of NZ$3.30, down from NZ$3.50, citing ongoing cyclical pressures, structural and legacy risks a...
Fletcher Building Slides: Investor presentation
Fletcher Building has posted slides in relation to its latest quarterly earnings report, which was published on October 22, 2025.
Fletcher Building Transcript: AGM 2025
The meeting reviewed a challenging year with declining revenue and continued losses, but highlighted significant cost reductions, board renewal, and progress on legacy issues. Strategic focus is on simplification, decentralization, and restoring profitability, with dividends paused until debt targets are met.
Fletcher Building Slides: FY 2025
Fletcher Building has posted slides in relation to its FY 2025 quarterly earnings report, which was published on October 21, 2025.
Fletcher Building Earnings Call Transcript: H2 2025
FY 2025 saw revenue and margins decline, resulting in a $419 million net loss, but significant debt reduction and operational improvements were achieved. The outlook remains cautious, with subdued demand expected in New Zealand and mixed signals in Australia, while cost reduction and portfolio simplification continue.
Fletcher Building Slides: H2 2025
Fletcher Building has posted slides in relation to its H2 2025 quarterly earnings report, which was published on August 19, 2025.
Fletcher Building Annual report: H2 2025
Fletcher Building has published its H2 2025 annual report on August 19, 2025.
Fletcher Building Earnings release: H2 2025
Fletcher Building released its H2 2025 earnings on August 19, 2025, summarizing the period's financial results.
Fletcher Building Slides: FY 2025
Fletcher Building has posted slides in relation to its FY 2025 quarterly earnings report, which was published on June 23, 2025.
Fletcher Building downgraded to Sell from Neutral at Goldman Sachs
Goldman Sachs analyst Niraj Shah downgraded Fletcher Building (FRCEF) to Sell from Neutral with a A$2.85 price target The firm says the company is cyclically challenged with interest rate relief…
Fletcher Building Earnings Call Transcript: H1 2025
Revenue fell 7% to $3.6B and EBIT dropped to $167M amid a deep market downturn, resulting in a $134M net loss. Cost-Out initiatives are ahead of plan, leverage improved to 1.4x, and no interim dividend was declared. Outlook remains cautious due to ongoing market volatility.