Fletcher Building full year restructuring, impairment costs could hit $781m

Fletcher Building full year restructuring, impairment costs could hit $781m
Fletcher Building is holding an investors' day. (Image: Getty)
Rebecca Howard
Fletcher Building now expects restructuring and impairment costs to total between $573 million and $781m in the year to June 30. It had already announced $251m of significant items related to Iplex Australia pipes and the Tradelink disposal. On Tuesday, the dual-listed building giant told investors that additional non-cash significant Items of between about $250m and $440m and cash significant Items of between about $50m and $60m are expected in FY25. These items will be finalised as part of year-end reporting.About $10m to...

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