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FY26 Year-End (Projected)
Analysts expect continued stabilization but limited growth in residential segments.
H1 2026 Earnings Release
Company reports narrowing losses and an improving financial trajectory.
RBNZ Policy Update
Reserve Bank cools rate hike expectations, providing macro relief to the construction sector.
FY25 Full Year Results
Fletcher reported significant losses tied to Iplex provisions and construction write-downs.
Fletcher Building reported a narrowing loss for the first half of the 2026 fiscal year, suggesting a stabilizing financial position for the New Zealand construction giant. While the company faces a subdued year ahead due to macroeconomic headwinds, the results indicate progress in managing legacy liabilities and operational costs.
Asian equity markets advanced on Wednesday as investors weighed the potential for lower energy costs against persistent valuation concerns in the artificial intelligence sector. While the New Zealand dollar softened following dovish central bank signals, global attention remains fixed on upcoming Federal Reserve minutes and Middle Eastern diplomacy.