Brief: Fletcher Building Says Most Immediate Exposure Is In Plastics From Mideast Crisis
16/04/2026 02:31
April 16 (Reuters) - Fletcher Building FBU.NZ: MOST IMMEDIATE EXPOSURE IS IN PLASTICS (I.E., RESINS), WITH IPLEX NZ AND AU MOST IMPACTED FROM MIDEAST CRISIS GROUP IS EXPOSED INDIRECTLY TO MIDDLE EAST CONFLICT THROUGH SUPPLY CHAINS, FREIGHT ROUTES, ENERGY COSTS, OTHERS IMPACTS ON FUEL RPICES ARE BEING PARTLY MITIGATED THROUGH BULK PURCHASING, HEDGING AND PASS-THROUGH PRICING MECHANISMS ACTIVITY FOCUSED ON PLANNING, WITH EXPECTATIONS THAT WORKFORCE IMPACTS FROM MIDEAST CRISIS MAY INCREASE IF CONDITIONS ESCALATE OVERALL IMPACT OF MIDDLE EAST CRISIS ON FINANCIAL PERFORMANCE FOR FY26 YEAR, CANNOT BE ASCERTAINED WITH CERTAINTY AT THIS TIME Q3 LIGHT BUILDING PRODUCTS VOLUMES CONTINUED POSITIVE TREND AND GENERALLY UP VERSUS Q2 PRICE INCREASES ACROSS DIVISIONS RANGE FROM MODEST 1–5% TO MORE SIGNIFICANT IN PLASTICS UP TO 36% AND INCLUDE FUEL SURCHARGES Further company coverage: FBU.NZ ((Reuters.Briefs@thomsonreuters.com;))
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