Most fund managers will be pretty happy with their quarterly returns.
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
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