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Hot Topic EARNINGS
Investment
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Fletcher loses $134m on one-offs and tough trading

Managing director Andrew Reding sees 'signs of improvement' in housing market.

Fletcher Building managing director Andrew Reding.

NBR Staff Wed, 19 Feb 2025

Huge one-off costs, including a deal to limit liability for leaky pipes in Western Australia, continued to afflict Fletcher Building as the group’s net loss hit $134 million for the half year to December.

The result, down from a loss of $120m in the same period a year earlier, included a $177m

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NBR Staff Wed, 19 Feb 2025
Contact the Writer: editor@nbr.co.nz
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Fletcher loses $134m on one-offs and tough trading
Investment,
107870
true