Fletcher Building logo

FBU

Fletcher Building

Capital Goods

Fletcher Building is a diversified company operating across the building supply chain, from raw materials to family homes. With operations in New Zealand, Australia, and the South Pacific, it manufactures and distributes building products, engages in residential housing and land development, and undertakes major construction and infrastructure projects. The company aims to deliver long-term sustai...

building materials
construction
distribution
residential housing

Shorted

short percentage2.64%
reported shorts28.3M
shares on issue1.075B

About

industry

Capital Goods

address

810 Great South Road, Penrose, AUCKLAND, AUC, NEW ZEALAND, 1061

Key Metrics

market cap
$3.20B
eps$-0.20

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Historical Price Data

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Industry & Focus

building materials
construction
distribution
residential housing
infrastructure

Company Overview

AI-generated company summary

Fletcher Building is a diversified company operating across the building supply chain, from raw materials to family homes. With operations in New Zealand, Australia, and the South Pacific, it manufactures and distributes building products, engages in residential housing and land development, and undertakes major construction and infrastructure projects. The company aims to deliver long-term sustainable value to its shareholders.

Company History

Fletcher Building has been based in New Zealand since 1909. Over the years, it has grown to employ over 12,500 people. The company has expanded its operations to include manufacturing, distribution, retail, home building, and major construction projects across New Zealand, Australia, and the South Pacific. Recent strategic moves include the announced sale of Fletcher Construction.

Competitive Advantages

Fletcher Building's competitive advantages include its: 1) vertically integrated operations across the building supply chain, providing control and potential cost efficiencies; 2) established presence and brand recognition in New Zealand, Australia, and the South Pacific; and 3) diversified business model, reducing reliance on any single market or sector.

Risk Factors

  • Fluctuations in building material prices
  • Downturns in residential and commercial construction markets
  • Project delays and cost overruns in major construction projects

Recent Developments

Last 6 months

Recent developments include the announcement of FY26 half-year results, the announced sale of Fletcher Construction, the release of the Quarterly Volume Report Q2 FY26, and Higgins being named preferred supplier on major road maintenance contracts.