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Fletcher earnings could tumble 39%, headwinds continue

Investment house thinks it’s unlikely the construction group will greenlight any residential divestment at this stage of the cycle.

The ship may be starting to turn in the residential market, but it could another six months before Fletcher Building contemplates a capital partnership for its residential development business.

In September, the listed building and materials company said it was continuing talks with prospective

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Brent Melville Tue, 04 Feb 2025
Contact the Writer: bmelville@nbr.co.nz
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Fletcher earnings could tumble 39%, headwinds continue
Investment,
107659
true