Fletcher Building
Here are the key changes to know about in the New Zealand equity market; NZX edges down -0.2% as Stride Property, NZX, Oceania, and Gentrack rise; Kiwi Property, Serko, Fletcher Building, and Vulcan Steel decline
14th Nov 24, 3:00pm
Here are the key changes to know about in the New Zealand equity market; NZX edges down -0.2% as Stride Property, NZX, Oceania, and Gentrack rise; Kiwi Property, Serko, Fletcher Building, and Vulcan Steel decline
Here are the key changes to know about in the New Zealand equity market; The Warehouse Group, Chorus, and Goodman led gains, helping the S&P/NZX 50 rise by +1.3%. But NZX, FBU, and Serko were notable decliners, balancing out the day’s changes
8th Nov 24, 3:00pm
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Here are the key changes to know about in the New Zealand equity market; The Warehouse Group, Chorus, and Goodman led gains, helping the S&P/NZX 50 rise by +1.3%. But NZX, FBU, and Serko were notable decliners, balancing out the day’s changes
Here are the key changes to know about in the New Zealand equity market; NZX, Fletcher Building, and Tower lead gains while The Warehouse, Kathmandu, and Investore Property decline
7th Nov 24, 3:00pm
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Here are the key changes to know about in the New Zealand equity market; NZX, Fletcher Building, and Tower lead gains while The Warehouse, Kathmandu, and Investore Property decline
Commerce Commission takes GIB manufacturer Winstone Wallboards to court alleging anti-competitive conduct
1st Nov 24, 12:40pm
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Commerce Commission takes GIB manufacturer Winstone Wallboards to court alleging anti-competitive conduct
Here are the key changes to know about in the New Zealand equity market; Tourism Holdings (again) and Infratil lead today; Vista, Mercury and Spark are the laggards
24th Oct 24, 3:00pm
Here are the key changes to know about in the New Zealand equity market; Tourism Holdings (again) and Infratil lead today; Vista, Mercury and Spark are the laggards
Here are the key changes to know about in the New Zealand equity market; Warehouse & FBU make some recover, Gentrack up, Kathmandu down again. Others trumpet Fast Track approval inclusions
7th Oct 24, 3:00pm
Here are the key changes to know about in the New Zealand equity market; Warehouse & FBU make some recover, Gentrack up, Kathmandu down again. Others trumpet Fast Track approval inclusions
Forsyth Barr analysts say after its latest capital raising, Fletcher Building will have in the past decade raised $1.5b in capital and sold $1.8b in assets to fund $2.6b of 'significant items' and losses
24th Sep 24, 4:10pm
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Forsyth Barr analysts say after its latest capital raising, Fletcher Building will have in the past decade raised $1.5b in capital and sold $1.8b in assets to fund $2.6b of 'significant items' and losses
Here are the key changes to know about in the New Zealand equity market today; Investor, NZX & Vista rise, Conact, A2Milk, and Mainfreight fall
23rd Sep 24, 3:01pm
Here are the key changes to know about in the New Zealand equity market today; Investor, NZX & Vista rise, Conact, A2Milk, and Mainfreight fall
Fletcher Building indicates that paying down its debt is in order to prevent a fire sale of assets
23rd Sep 24, 12:04pm
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Fletcher Building indicates that paying down its debt is in order to prevent a fire sale of assets
Fletcher Building hires Jarden to look at options for its residential business as the group reports a $227 million loss for the June financial year
21st Aug 24, 10:37am
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Fletcher Building hires Jarden to look at options for its residential business as the group reports a $227 million loss for the June financial year
Fletcher Building extends some of its loan terms and negotiates a higher debt ceiling - should this be necessary
4th Jun 24, 9:44am
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Fletcher Building extends some of its loan terms and negotiates a higher debt ceiling - should this be necessary
After a Fletcher Building update with 'few redeeming features' analysts see a risk that the company's net debt 'moves up' in the first half of the next financial year
15th May 24, 10:01am
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After a Fletcher Building update with 'few redeeming features' analysts see a risk that the company's net debt 'moves up' in the first half of the next financial year
Fletcher Building is warning that profits for the year to June could be as much as $140 million lower than it forecast less than three months ago
13th May 24, 10:08am
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Fletcher Building is warning that profits for the year to June could be as much as $140 million lower than it forecast less than three months ago
Fletcher Building took the breath out of the NZX50 last week. It wasn't the only big decliner, but there were also some notable gainers too
19th Feb 24, 11:52am
Fletcher Building took the breath out of the NZX50 last week. It wasn't the only big decliner, but there were also some notable gainers too
[updated]
Fletcher Building makes after-tax loss of $120 million for the half year and won't pay a dividend; puts Australian Tradelink subsidiary up for sale after a $122 million writedown; warns on potential 'material' impact of Australian leaky pipes problem
14th Feb 24, 8:52am
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Fletcher Building makes after-tax loss of $120 million for the half year and won't pay a dividend; puts Australian Tradelink subsidiary up for sale after a $122 million writedown; warns on potential 'material' impact of Australian leaky pipes problem
Fletcher Building tells the ASX its chief executive Ross Taylor may be about to leave as the company contemplates issuing earnings guidance likely to 'materially vary' from current analysts' forecasts
13th Feb 24, 9:19am
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Fletcher Building tells the ASX its chief executive Ross Taylor may be about to leave as the company contemplates issuing earnings guidance likely to 'materially vary' from current analysts' forecasts
Forsyth Barr analysts say Fletcher Building has now made $420 million worth of provisions on the convention centre project in the past 12 months and the latest ones 'bring into question management controls and board oversight'
8th Feb 24, 9:13am
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Forsyth Barr analysts say Fletcher Building has now made $420 million worth of provisions on the convention centre project in the past 12 months and the latest ones 'bring into question management controls and board oversight'
Construction giant Fletcher Building expects to sell about 650 dwelling units in the nearly-finished financial year to June - which compares with targets a year ago of over 1000
21st Jun 23, 11:34am
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Construction giant Fletcher Building expects to sell about 650 dwelling units in the nearly-finished financial year to June - which compares with targets a year ago of over 1000
Carter Holt Harvey axes land covenants including some set for 999 years
Academic says building supplies market study isn't bold enough to bring real competition
7th Dec 22, 7:55am
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Academic says building supplies market study isn't bold enough to bring real competition
[updated]
Commerce Commission finds rebates paid to merchants to sell building supplies like GIB are hampering competition
6th Dec 22, 9:27am
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Commerce Commission finds rebates paid to merchants to sell building supplies like GIB are hampering competition
Inland Revenue clawed back millions in wage subsidy from multinationals, but the 2021 tax year looks like a battle
19th Oct 22, 2:14pm
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Inland Revenue clawed back millions in wage subsidy from multinationals, but the 2021 tax year looks like a battle
MBIE says the market has responded to plasterboard crisis, with imports hitting $2.5m in July
25th Aug 22, 5:00am
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MBIE says the market has responded to plasterboard crisis, with imports hitting $2.5m in July
Academic says politicians should ‘ferociously’ tackle dominant firms, Minister says government backing competition through market studies
17th Aug 22, 12:29pm
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Academic says politicians should ‘ferociously’ tackle dominant firms, Minister says government backing competition through market studies
Fletcher Building acknowledges this has 'been a difficult time' for many customers as it reports a 42% lift in annual profits
17th Aug 22, 9:27am
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Fletcher Building acknowledges this has 'been a difficult time' for many customers as it reports a 42% lift in annual profits