Fletcher Building Limited (NZE:FBU)
New Zealand · Delayed Price · Currency is NZD | Market Cap | 3.14B -4.9% |
| Revenue (ttm) | 7.01B +5.0% |
| Net Income | -296.00M |
| EPS | -0.27 |
| Shares Out | 1.07B |
| PE Ratio | n/a |
| Forward PE | 18.35 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 849,331 |
| Average Volume | 1,088,523 |
| Open | 2.950 |
| Previous Close | 2.930 |
| Day's Range | 2.890 - 2.965 |
| 52-Week Range | 2.650 - 3.970 |
| Beta | 0.62 |
| RSI | 50.54 |
| Earnings Date | Feb 17, 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 Building Products, Distribution, Concrete, Australia, Residential and Development, and Construction segments. The company manufactures, distributes, and markets light building products, including insulations, plasterboards, steel products, laminate surfaces, plastic and concrete piping, sinks, and drywall systems used in the residential, industrial, and commercial markets; ... [Read more]
Financial Performance
In fiscal year 2025, Fletcher Building's revenue was 6.99 billion, a decrease of -8.97% compared to the previous year's 7.68 billion. Losses were -419.00 million, 84.6% more than in 2024.
Financial StatementsNews
Fletcher’s Laminex sells Melbourne property for A$53.8m
Fletcher Building's Laminex AU plans to sell its Melbourne property.
Forza Capital set to buy Fletcher Building’s Laminex site for $54m
The proposed deal shows the opportunity for owners of well-located suburban industrial sites in cities with growing population and new transport infrastructure.
Final offers loom for Fletcher Building’s resi division; bidder trio on site
The company has asked for binding offers for the residential and development division to be submitted to sell-side adviser Jarden by mid-May.
Iran war costs hit a2 Milk, Air New Zealand, Ryman, Fletcher Building – Stock Takes
Stock Takes: Westpac flags higher inflation, rates and a weaker Kiwi dollar as risks.
Fletcher Building Earnings Call Transcript: H1 2026
H1 FY26 saw stable revenue and EBIT despite tough NZ and Australian markets, with cost out and portfolio simplification supporting results. Construction divestment and disciplined capital allocation are strengthening the balance sheet, while outlook remains cautious amid ongoing margin pressure.
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 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 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 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.
Fletcher Building Transcript: AGM 2024
The meeting addressed a challenging year marked by significant losses, asset divestments, and a major capital raise. Leadership changes, a renewed focus on cost control, and a strategic review aim to position the business for recovery and sustainable growth.
Fletcher Building Transcript: Capital Raise
A NZD 700 million equity raise will strengthen the balance sheet, reduce leverage, and provide flexibility amid challenging market conditions and declining volumes. Aggressive cost reductions and portfolio management initiatives are underway, with a focus on operational resilience and strategic review.
Fletcher Building downgraded to Neutral from Overweight at JPMorgan
JPMorgan analyst Al Harvey downgraded Fletcher Building to Neutral from Overweight with a price target of NZ$3.25, down from NZ$4.90. The firm citers “tough” trading conditions ahead and balance sheet...
Fletcher Building Earnings Call Transcript: H2 2024
Challenging market conditions led to a net loss of NZD 227 million, with strong cash flows and liquidity offset by higher debt and significant write-downs. FY 2025 is expected to remain tough, with further volume declines, ongoing cost reductions, and a focus on debt reduction and capital discipline.
Fletcher Building downgraded to Hold from Buy at Jefferies
Jefferies downgraded Fletcher Building to Hold from Buy with a price target of NZ$3.60, down from NZ$5.20. Although FY25 should be a trough for Group EBIT, the firm expects Fletcher’s…
Fletcher Building downgraded to Neutral from Buy at Goldman Sachs
Goldman Sachs downgraded Fletcher Building to Neutral from Buy with a A$3.70 price target. First half results and FY24 guidance point to “a substantially deeper trough than we had previously…
Fletcher Building Earnings Call Transcript: H1 2024
Fletcher Building Transcript: AGM 2023
Fletcher Building Earnings Call Transcript: H2 2023
Fletcher Building Transcript: Investor Day 2023
Fletcher Building Earnings Call Transcript: H1 2023
Fletcher Building Transcript: Status Update
Fletcher Building initiated with a Buy at Goldman Sachs
Goldman Sachs analyst Niraj Shah initiated coverage of Fletcher Building with a Buy rating and A$5.90 price target. While acknowledging that key markets are at or near cyclical peaks, the…
Fletcher Building initiated with a Buy at Goldman Sachs
Goldman Sachs analyst Niraj Shah initiated coverage of Fletcher Building with a Buy rating and A$5.90 price target. While acknowledging that key markets are at or near cyclical peaks, the…
Fletcher Building initiated with a Buy at Goldman Sachs
Goldman Sachs analyst Niraj Shah initiated coverage of Fletcher Building with a Buy rating and A$5.90 price target. While acknowledging that key markets are at or near cyclical peaks, the…