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Fletcher still aiming high on earnings after profit warning

Despite lowering full year expectations, construction group sees scope to hit top end of guidance range.

Fletcher chief executive Ross Taylor.

Tim Hunter Wed, 15 Feb 2023

Fletcher Building says it is “continuing to target” the top end of its full-year earnings guidance, after this week issuing a surprise downgrade of expected operating profit for the year to June.

Announcing its results for the half-year to December this morning, Fletcher reported a net profit of

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Tim Hunter Wed, 15 Feb 2023
Contact the Writer: thunter@nbr.co.nz
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Fletcher still aiming high on earnings after profit warning
Investment,
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