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Fletcher Building Provides Trading Update

10 Nov 2020  |  07:36:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Fletcher Building Trading Update

Fletcher Building provided an update on year-to-date trading for its 2021 financial year. Group revenues for the period were 1% ahead of the comparative period, supported by resilient trading conditions in both NZ and Australia, especially in the residential sector. Revenues in the NZ Core were up 4%, with businesses exposed to finishing trades particularly resilient. Group EBIT before items of $227m was $80m or 55% higher than the comparative period.

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