
FBU
Fletcher Building
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...
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Company Overview
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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.