Fletcher Building FY22 Half Year Results and Dividend

Wed, 16 Feb 2022

Fletcher Building today announced its results for the first half of FY22, with revenue of $4,064 million, up 2% from $3,987 million in HY21, EBIT before significant items of $332 million, up 3% from $323 million in HY21, EBIT margin of 8.2%, up from 8.1% in HY21, and Net Profit After Tax of $171 million, up 41% from $121 million in HY21.

The Group also declared a fully imputed interim dividend of 18 cents per share and expects FY22 EBIT before significant items to be approximately $750 million.

CEO Ross Taylor commented on the strong performance and the Group's outlook of growth beyond FY23.