Fletcher to pay steady 18 cps first-half dividend

Fletcher to pay steady 18 cps first-half dividend
Fletcher Building chief executive Ross Taylor. (Image: NZME)
Jenny Ruth
Fletcher Building confirmed its first-half operating profit was up 8.4% and said it will pay a fully imputed first-half dividend of 18 cents per share, the same as in the previous first half.“We are confident that our strategy positions us well to continue to drive performance and deliver growth, against the backdrop of a dynamic operating environment,” chief executive Ross Taylor said in a statement.On Monday, the company said earnings before interest and tax (Ebit) for the six months ended December came in at $360 million, up from...

More Infrastructure

Leighs opts out of Scott Base build
Infrastructure

Leighs opts out of Scott Base build

The Antarctic contractor is focused on offices, healthcare and apartments.

Two housing projects snare first fast-track panels
Policy

Two housing projects snare first fast-track panels

Applications opened on Feb 7. Now we have our first panels.

Oliver Lewis 08 May 2025
Methanex secures winter electricity supply again
Infrastructure

Methanex secures winter electricity supply again

Electricity generators are anxious to avoid winter power price spikes.

Pattrick Smellie 08 May 2025
Transpower proposes $1.4b replacement for ageing Cook Strait electricity cables
Infrastructure

Transpower proposes $1.4b replacement for ageing Cook Strait electricity cables

Transpower is proposing a $1.4 billion spend on replacing the ageing electricity cables linking the North and South Islands across the Cook Strait.The state-owned power transmission company released a consultation paper today setting out its proposals to replace key components of...

Staff reporters 07 May 2025