How Fletcher Building will decide what is sold and what will stay

Andrew Reding has a target for all of Fletcher Building's businesses. (Image: Fletcher Building)

Thu, 21 Aug 2025

Fletcher boss Andrew Reding says he's behind on some things, and ahead on others, as he pushes on with a plan to streamline and steady the building giant.The conglomerate posted a $419 million loss for the 2025 financial year, with revenue falling across all business units and significant items of $702m.It had found $200m of gross cost savings, including $15m of structural cost savings, in the year to June 30, with another $30m cost-out planned for the 2026 financial year.Reding took the top job at Fletcher Building after a period of turmoi...

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