Fletcher, Ross Taylor

Fletcher Building in red, posts $190m loss, no dividend for shareholders

Fletcher Building has made a $190 million loss, only the second time since listing on the NZX in 2001 that it slipped into the red, shareholders will get no dividends for the full year and no trading update has been provided. The company with a market capitalisation of $5.8 billion this morning released its annual […]

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Ebert Construction

Thin margins hurting New Zealand construction firms

  New Zealand construction firms are taking on too much risk, and operating on too fine a profit margin to survive, industry experts say.   New Zealand construction firms are taking on too much risk, and operating on too fine a profit margin to survive, industry experts say. Ebert Construction has gone into receivership, with debt in […]

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Fletcher Building Announce Loss of $322 million

Fletcher Building Announce Loss of $322 million In the latter half of 2017, Fletcher Building lost $322 million of its operating earnings. The corporation flagged its growing losses and the board has suspended the payment of an interim dividend. The losses from the Building & Interior division of Fletcher Building is expected to be $660 […]

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Fletcher Construction

Fletchers Searching UK for Construction Professionals

Fletchers Construction, NZ’s largest builder is actively recruiting staff from London to fill vacancies due to the recent building boom. Fletcher are holding a large recruitment drive in London on July 28 alongside Immigration New Zealand and a local recruitment company. The recent surge in construction work has seen huge demands placed on the construction […]

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