Fletcher rallied after agreeing to sell its major construction arm.
Gas still needed for next decade in ascent to renewable summit.
UPDATE: Sale proceeds revealed in subsequent disclosure
However, no interim dividend will be handed out.
The 0.7% increase was above market and Reserve Bank forecasts.
Fletcher Building to produce up to 500 homes a year at new factory.
New Zealand is doing well but others are better in global growth stakes.
The financier’s move comes after it refinanced hefty bank debt last year.
The golf tournament is set for February.
Positive trading update follows maiden profit in the 2019 financial year.
