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Hot Topic EARNINGS
Hot Topic EARNINGS
Investment
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Fletcher sees ‘subdued’ year ahead after flat first half

Building materials group sees no meaningful recovery until 2027.

NBR Staff Wed, 18 Feb 2026

Fletcher Building is picking that weak market conditions will continue through to next year, as it reports first-half earnings largely flat on last year.

Commenting on the result, managing director Andrew Reding said the six months to December were demanding for the building industry.

“Conditions

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NBR Staff Wed, 18 Feb 2026
Contact the Writer: editor@nbr.co.nz
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Fletcher sees ‘subdued’ year ahead after flat first half
Investment,
112930
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