Will Fletcher Building have a mediocre second half?

Thu, 18 Feb 2021

If Fletcher Building's full-year results come in anywhere near the bottom of its guidance, it would mean a sharp fall from the first-half performance.The company is forecasting full-year earnings before interest and tax will come in between $610 million and $660 million compared with the $323 million it reported for the first half, pointing to a second-half result between $287 million and $337 million.Some analysts on the company's conference call said Fletcher will "struggle" to get to the bottom of what is a particularly wid...

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