Fletcher Building (FBU): Disappointing 1H23 Guidance Driven by Low Residential Sales
FBU has guided to 1H23 EBIT before significant items of NZ$360m, -15%vs. our expectation of NZ$423m and lowered FY23 EBIT guidance to NZ$800-855m...
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Fletcher Building: 1H23 Preview; Solid 1H but Outlook the Focus
Fletcher Building (FBU) will report its 1H23 result on Wednesday, 15 February and the result should be materially ahead of the prior period which...
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Fletcher Building: Going Cycling
Negative residential indicators continue to weigh on Fletcher Building's (FBU) share price; Prior earnings down cycles lasted 17 months on average,...
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Fletcher Building: Season's Provisioning
FBU unwrapped its forth provision on the beleaguered New Zealand International Convention Centre (NZICC) project after a two year hiatus; Outside...
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Fletcher Building: Convention Centre Provision and Trading Update
Fletcher Building (FBU) has provided an update on provisioning for the NZ International Convention Centre (NZICC) and a FY23 trading update; cost...
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