Fletcher Building

Fletcher Building is a diversified provider of building materials and construction services to the New Zealand and Australian markets. The company serves the residential and commercial construction industries with a combination of manufacturing, distribution and retail sites totalling almost 500 locations.

Fletcher also operates a vertical concrete business consisting of 18 quarries, 1 cement manufacturing plant and a concrete products company.

The company’s construction business operates in a range of sectors from residential to large infrastructure and public projects through 10 different subsidiary companies. Fletchers 15,000+ employees have been led by CEO Ross Taylor since 2017.


Company Details

Registered Office: 810 Great South Road, Penrose Auckland 1061
Postal Address: Private Bag 92114, Auckland 1142
Telephone: +64 9 525 9000
Facsimile: +64 9 525 9032
Website: http://www.fletcherbuilding.com/
First Listed: 26/03/2001
Balance Date: 30 June
AGM: 27/10/2023

Directors and Executives

Martin Brydon
Independent Director
Barbara Chapman
Independent Director
Andrew Clarke
Company Secretary
Peter Crowley
Independent Director
Sandra Dodds
Independent Director
Ashleigh Harding
Company Secretary
Bruce Hassall
Independent Chairman
Rob McDonald
Independent Director
Doug McKay
Independent Director
Bevan McKenzie
Chief Financial Officer
Cathy Quinn
Independent Director
Ross Taylor
Chief Executive Officer

Announcements

Title Date Type
FBU – Trading to resume at 1:40pm Fri, Aug 30 2024 01:27 pm HALT
Fletcher Building Industry Response to WA Plumbing Issues Fri, Aug 30 2024 01:16 pm GENERAL
Fletcher Building Limited (“FBU”) – Halt of Securities Fri, Aug 30 2024 08:32 am HALT
D&O Initial and Ongoing Disclosures - Multiple Wed, Aug 28 2024 02:56 pm SHINTR
SPH Notice - Allan Gray Australia Pty Ltd Wed, Aug 28 2024 08:38 am SHINTR
Fletcher Building Acknowledges BGC Legal Action Wed, Aug 28 2024 08:30 am GENERAL
2024 Annual Shareholders’ Meeting and Director Nominations Mon, Aug 26 2024 12:39 pm GENERAL
Commerce Commission Winstone Wallboards Investigation Fri, Aug 23 2024 08:43 am GENERAL
Fletcher Building Responds to BGC Legal Action Publicity Fri, Aug 23 2024 08:30 am GENERAL
Amendment to 2024 Annual Report Wed, Aug 21 2024 09:38 am ANNREP

Major Holdings Announcements

Date Name No. Held % Current
06/11/23 Allan Gray Australia Pty Ltd and it 93,389,979 10.86 11.93
01/11/23 Schroder Investment Management Aust 38,529,285 5.04 4.96
11/11/22 Allan Gray Group 57,495,979 5.03 7.34
30/03/22 Commonwealth Bank of Australia 39,845,299 5.24 5.00
03/08/21 The Vanguard Group, Inc. 31,252,722 5.56 3.81
24/05/21 Perpetual Limited 40,350,992 5.20 4.90
06/05/21 Perpetual Limited and subsidiaries 45,349,431 6.67 5.50
19/05/20 BlackRock, Inc. and related bodies 41,058,595 5.02 4.98
22/07/19 Ellerston Capital Limited 41,101,839 5.13 4.82
26/02/18 BlackRock Inc 33,945,188 6.04 4.87

Director’s Interests Announcements

Date Name No. Held % Details Other
22/12/23 Andrew Campbell Clarke 212,966 - - -
22/12/23 Ross Harold Taylor 1,234,073 - - -
02/11/23 Sandra Dodds 15,000 - - -
02/11/23 Barbara Joan Chapman 50,000 - - -
02/11/23 Bevan John McKenzie 300,934 - - -
02/11/23 Peter Charles Crowley 50,000 - - -
31/03/23 Martin Brydon 30,000 - - -
23/03/23 Robert Stuart McDonald 60,000 - - -
23/03/23 Catherine Agnes Quinn 161,197 - - -
23/03/23 Bruce Ronald Hassall 42,242 - - -
27/09/19 Francis Charles Wingfie 167,613 - - -
24/12/18 Steve Vamos 20,000 - - -
07/09/18 Doug McKay 20,000 - - -
29/05/18 Cecilia Tarrant 22,559 - - -
29/05/18 Alan Trevor Jackson 30,606 - - -
29/05/18 Ralph J Norris 25,973 - - -
29/05/18 Antony John Carter 67,019 - - -
12/10/17 John Frederick Judge 1,597 - - -
21/07/17 Mark Duncan Adamson - - - -

Analysts’ Forecasts

profit2021 profit2022 eps2021 dps2021 sales2021 ebit2021 ebitda2021
mean 319.8 41.2 27.0 8,091.5 663.9 1,077.2
high 319.8 41.2 27.0 8,091.5 663.9 1,077.2
low 319.8 41.2 27.0 8,091.5 663.9 1,077.2
sample 1 0 1 1 1 1 1

Disclaimer

Data on this page is from BusinessDesk and NZX Ltd for information purposes only. Details are believed to be accurate but no warranty is given as to accuracy, timeliness, reliability or completeness. No person should rely on the contents of the report and all persons should obtain independent professional advice before acting on any information connected with or contained in this report.
Last Updated: 05/10/2023


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