Fletcher Building warns of major costs, restructuring impacts

Fletcher Building expects restructuring and impairment costs to hit between $573-$781 million in the year to June 30. (Image: Getty)

Rebecca Howard

Wed, 25 Jun 2025

Fletcher Building’s annual result won’t make for pretty reading. The dual-listed building company now expects restructuring and impairment costs to hit 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 in February. Bigger than expectedThe stock fell 3.6% to close at $2.97 on Tuesday, and analysts said the scale of the costs had exceeded expectations. “The significant items were a surprisingly...

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