Fletcher discloses huge new costs to hit full-year result
Investor day presentation documents reveal restructuring costs and write-offs totalling $300m to $500m.
Fletcher said earnings, excluding one-off items, would be about 25% down on last year.
Fletcher Building has flagged another huge loss ahead with newly disclosed restructuring and impairment costs of $300-$500 million for the year to June.
In presentation documents released to the NZX for the company’s investor day, which is closed to media, Fletcher said it was expecting earnings
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