Fletcher Building has taken the unusual step of forecasting operating earnings two years out, targeting $820 million in 2018.
New Zealand's construction market strength may have more time to run than Australia's - Adamson
Fletcher Building chief executive Mark Adamson received a 17% pay rise this year to $4.72 million.
Driven by an improved performance in Australia and gains in its New Zealand distribution, residential and construction divisions.
Fletcher’s profit expected to sit in the middle of its guidance range
The Auckland-based company today completed its acquisition for $303 million.
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