Fletcher Building Ltd has decided to repay $US300 million of US private placement notes early.
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Updated: Fletcher Building loses $55 million in April, jobs to go
Fletcher Building Ltd said today it made a $55 million operating loss before interest & tax in April.
Read more →Logos buys in Otahuhu for second NZ industrial estate
Australian developer Logos Property Pty Ltd has bought its second Auckland industrial site, this time with a new unnamed global institutional investor as its partner.
Read more →Fletcher Building cancels dividend, suspends share buyback
Fletcher Building Ltd cancelled its interim dividend and suspended its share buyback on Wednesday.
Read more →Fletcher Building earnings cut
Fletcher Building’s net earnings for the December half-year fell 8%, and taking out significant items they were down 33%, the company said today.
Read more →Shareholder concerns raised at Fletcher Building annual meeting
From the contested election of a new director to a range of issues raised by the chair & chief executive but amplified by a few questioning shareholders, Fletcher Building Ltd’s annual meeting at Eden Park yesterday had more going for it than the dry speechnotes might indicate.
Read more →The Fletcher Building mood – outlook highly positive
The mood Fletcher Building Ltd tried to convey to its shareholders at their annual meeting yesterday was of a company enthusiastically looking forward, with a clear strategy in place.
Read more →SkyCity says insurers to cover convention centre fire costs
SkyCity Entertainment Group Ltd said today its insurers had confirmed that the company’s contract works insurance policy “will respond” in relation to damage to the NZ International Convention Centre & adjoining Horizon Hotel from the fire on 22 October.
Read more →Fletcher says insurers to cover convention centre fire costs
Fletcher Building Ltd said today its insurers had confirmed they’d cover costs arising from the SkyCity NZ International Convention Centre fire in downtown Auckland on 22 October.
Read more →Fletcher’s prefab housing factory opens
Fletcher Building Ltd held an official opening on Wednesday for its Clever Core prefabricated home factory in Wiri, which the company expects will reduce onsite build times from 22 weeks to about 6-10 weeks.
Read more →Fletcher Building starts share buyback
Fletcher Building Ltd launched its share buyback yesterday with the acquisition of just over 300,000 shares.
Read more →Fletcher Building share buyback opens Monday
Fletcher Building Ltd will open its on-market buyback for up to 70 million shares on Monday.
Read more →Fletcher Building returns to profit
Fletcher Building Ltd said today its return to profitability marked the successful execution of the first year of its 5-year strategy aimed at refocusing & growing the business.
Read more →AustralianSuper joins Logos to develop Wiri Logistics Estate
Logos Property Pty Ltd has formed a partnership with Australia’s biggest superannuation fund, AustralianSuper Pty Ltd, to develop the Wiri Logistics Estate in South Auckland.
Read more →Fletcher Building announces share buyback
Fletcher Building Ltd announced today it will undertake a capital return to shareholders of up to $300 million through an onmarket share buyback.
Read more →Early completion of Formica sale cuts Fletcher earnings
Fletcher Building Ltd said today it had completed its sale of the Formica Group to Broadview Holding BV, and also confirmed its earnings guidance for the balance of the company for the financial year ending this month.
Read more →Commercial Bay opening moves into 2020
Precinct Properties NZ Ltd has pushed back the opening dates for its Commercial Bay property in downtown Auckland to March 2020 for the retail centre and April 2020 for the new PwC Tower.
Read more →Fletcher Building agrees Formica sale, will reinstate dividends
Fletcher Building Ltd said yesterday it had entered into an agreement to sell the Formica Group to Broadview Holding BV for $US840 million ($NZ1.226 billion).
Read more →Guidance kicks Fletcher share price down as new chiefs present positive outlook at annual meeting
Fletcher Building Ltd’s positive annual meeting presentation yesterday was overshadowed by a cut in profit guidance.
Read more →Fletcher Building top table looks revitalised, but shareholders skip scrutiny
Fletcher Building Ltd’s annual meeting at Eden Park today was a good one, for many reasons. It was also a bad one, for a couple of very important reasons.
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