Fletcher Building reveals 2025 strategy, financial outlook

Fletcher Building has provided an update on its strategy and outlook for the company at its Investor Day 2025 event in Auckland.

Managing director and group chief executive officer, Andrew Reding, highlighted the focus on the manufacturing and distribution of building products, as well as the medium-term strategies and immediate actions taken.

In terms of the financial year 2025 outlook, Fletcher Building expects earnings before interest and tax (ebit) to be in the range of $370 million to $375m, inclusive of a $16.4m loss related to the settlement with NZTA.

The company said this guidance remains subject to market conditions.

It also provided an update on significant items, with a total expected to be between $573m and $781m.