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Fletcher shares bounce on 'positive surprise' result

Construction group can raise prices to cover cost inflation, says CEO.

Tim Hunter Wed, 16 Feb 2022

Shares in Fletcher Building gained as much as 6% on heavy morning trading after the construction and building products conglomerate reported strong first half results with an upbeat assessment of its outlook.

By 1pm the shares were at $6.63, up from $6.28 at yesterday’s close. Turnover for the

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Tim Hunter Wed, 16 Feb 2022
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Fletcher shares bounce on 'positive surprise' result
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