Brief: Fletcher Building Limited Returns To Profit, EBIT Up 26%
18/08/2026 21:34
BRIEF-Fletcher Building Limited Returns To Profit, EBIT Up 26% Aug 19 (Reuters) - Fletcher Building Limited FBU.NZ:
FLETCHER BUILDING RETURNS TO PROFIT, EBIT UP 26%
ECONOMIC, POLITICAL AND GEOPOLITICAL BACKDROP REMAINS UNCERTAIN, EXPECTED TO WEIGH ON PERFORMANCE IN H1 FY27
MEANINGFUL RECOVERY IN UNDERLYING VOLUMES IS NOT EXPECTED UNTIL CY2027.
CAPITAL EXPENDITURE FOR FY27 IS EXPECTED TO BE NZ$170M
Further company coverage: FBU.NZ
((Reuters.Briefs@thomsonreuters.com;))
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