Fletcher Building still downbeat about FY26 after tough quarter

Fletcher Building says overheads continue to be tightly managed. (Image: Getty)

Mon, 13 Oct 2025

Fletcher Building remains downbeat about the remainder of the financial year after a tough first quarter.“The quarterly volumes show that there were further declines in trading volumes and ongoing pressure on margins amid subdued market conditions during the first quarter,” managing director Andrew Reding said.Its loss for the year to June 30 ballooned to $419 million, with a challenging trading environment and significant items cited as the cause of the result.In the latest quarter, Heavy Building Materials has experienced some &ld...

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