Fletcher Building

Sales, profit gains tipped for Fletcher

Construction lag times may be over for Fletcher Building, as positive signs of growth show in Christchurch's rebuild and more homes being built in Australia.

Fletcher shares up on update, rebuild work

Fletcher Building shares were buoyed yesterday by an update on its divisions, in particular in relation to earthquake rebuilding work in Canterbury.

Views differ on Fletcher Building after broker presentation last week

Views differ on Fletcher Building after broker presentation last week

Fletcher Building has become a much-watched stock after a broker presentation in Australia late last week sent the share price down, before a small rally yesterday.

Strong NZ result for Fletcher

Strong NZ result for Fletcher

Fletcher Building has delivered an increased after-tax profit, bettering analysts' expectations.

Fletcher to reset interest on notes

Fletcher to reset interest on notes

Fletcher Building can expect a large benefit from declining funding costs when it rolls over $75 million of capital notes in mid-March, resetting the interest rate down by 3.5%.

Fletcher's share price builds on better news

Investor confidence has been repaid as billions flow back into Fletcher Building's market capitalisation, buoyed by housing and construction in New Zealand, Australia and the United States.

Fletcher building profits may erode

Fletcher building profits may erode

Fletcher Building shares have hit a 20-month high, but the forecast strength of the New Zealand dollar against its United States counterpart could erode long-term after-tax profits.

More homes expected; Fletcher shares soar

More homes expected; Fletcher shares soar

Shares in Fletcher Building were boosted to a year high yesterday on news earnings growth could be beyond 20% for 2013 from anticipated buoyancy in new-home construction.

Fletcher steady but outlook more positive for 2014

Fletcher steady but outlook more positive for 2014

Fletcher Building is picking a relatively flat trading year for 2013 but the Christchurch rebuilding and major infrastructure projects should underpin improving results in 2014.

Fletcher's financial result takes hit

Fletcher's financial result takes hit

Restructuring costs and low work volumes in New Zealand and Australia soured Fletcher Building's financial result, with its after-tax profit coming in at the lower end of guidance and 12% down on last year.

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