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Fletcher Building returns to profit in 2026 after extensive restructuring
Fletcher Building reports a net profit of 228 million NZD for the 2026 financial year, after a loss of 419 million NZD in the prior year. Revenue from continuing operations rose 7.3% to 6.0 billion NZD, operating cash flow improved to 715 million NZD and net debt fell to 637 million NZD. Management views the first phase of the turnaround as complete but gives a cautious outlook for 2027, cuts capex and keeps the dividend suspended until sustainable free cash flow and balance sheet targets are met. » More on de.investing.com
Historical dividends Dividends
All dividend metrics All metricsFinancials
| (EUR) | June 2026 | YoY |
|---|---|---|
| Revenue | 1.55bn | - |
| Gross profit | 433.71m | - |
| Net profit | 118.74m | - |
| EBITDA | 212.63m | - |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €1.9bn |
Number of shares | 1.07bn |
52-week high/low | €2.14 - €1.38 |
| Dividends | No |
Beta | 0.65 |
P/E ratio | 16.92 |
PEG ratio | 0.06 |
P/B ratio | 0.96 |
P/S ratio | 0.63 |
Company profile
Fletcher Building Limited, together with its subsidiaries, manufactures and distributes building products in New Zealand, Australia, and internationally. It operates through Building Products, Distribution, Concrete, Residential and Development, Construction, and Australia segments. The Building Products segment manufactures, markets, distributes, and sells building products used to build homes, buildings, and infrastructure, including insulations, plasterboards, laminate surfaces, and plastic and concrete piping for the commercial and residential markets. The Distribution segment distributes building, plumbing, and pipeline products under the PlaceMakers, Mico, and Forman Building Systems brands. The Concrete segment engages in the extraction of aggregates, and production of cement and concrete. The Residential and Development segment builds residential homes; and develops and sells residential and commercial land. The Construction segment builds and maintains public and commercial buildings, transport and utilities infrastructure, and buildings and infrastructure, as well as designs, constructs, and maintains roads and civil infrastructure. The Australia segment manufactures and distributes building materials, such as insulation, plasterboard, laminate surfaces, steel roofing, and plastic and concrete piping for a range of industries across Australia. It also operates approximately 225 retail sites. The company was founded in 1909 and is headquartered in Auckland, New Zealand.
| Name | FLETCHER BUILDING |
| CEO | Andrew Martin-Richard Reding |
| Headquarters | Auckland,
au USA |
| Website | |
| Sector | Utilities |
| IPO | 29/06/2018 |
| Employees | 9,000 |
Deep Dive
Ticker symbols
| Exchange | Symbol |
|---|---|
Pnk | FRCEF |
Australian Securities Exchange Ltd | FBU.AX |
Nze | FBU.NZ |
Frankfurt | FLQ.F |
Düsseldorf | FLQ.DU |
München | FLQ.MU |