UPDATE: Fletcher Building earnings driven by NZ growth; sells Rocla Quarry

Tue, 18 Aug 2015

(Recasts to focus on operating earnings, adds stock price, investor comment, divisional details) By Jonathan Underhill Aug. 19 (BusinessDesk) - Fletcher Building met its guidance with a 5 percent gain in full-year earnings before one-time charges, as strong growth in its biggest market of New Zealand offset a weaker performance in Australia and the rest of the world. The shares gained 1.6 percent. Operating earnings excluding one-time items rose 5 percent to $653 million in the year ended June 30, in line with company guidance and just...

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