Fletcher Building stock trades 2.82 percent below its prior close

Published on 10/05/2026 at 13:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2026 net earnings hit NZD 228 million after a NZD 419 million loss. Fletcher Building stock costs EUR 1.72 after EUR 1.77 on October 5, 2026.

FBU, NZFBUE0001S0, Illustration mit AI erstellt.

Fletcher Building (NZFBUE0001S0) was trading at EUR 1.72 at Lang & Schwarz on October 5, 2026 at 1:36 p.m. CEST, down 2.82 percent versus the prior close of EUR 1.77. The stock picture comes as the New Zealand building-materials group works through a turnaround that returned it to annual profitability.

Fiscal 2026 restored profit

According to Yahoo Finance on August 19, 2026, Fletcher Building reported NZD 228 million of net earnings for fiscal 2026, compared with a NZD 419 million loss in fiscal 2025. It was the company's first positive earnings result since fiscal 2023, with the transcript attributing the change mainly to the absence of impairments.

Revenue from continuing operations increased 7.3 percent in fiscal 2026, while EBIT before significant items rose NZD 85 million to NZD 414 million, according to Yahoo Finance. The improvement was concentrated in manufacturing and distribution, rather than reflecting a broad recovery across every construction market.

Cash flow cuts net debt

The balance sheet delivered a second measurable change. Net debt fell to NZD 637 million in fiscal 2026 from NZD 999 million a year earlier, while net cash from operating activities rose to NZD 715 million from NZD 214 million, according to Yahoo Finance.

Management also reported group return on invested capital of 5.3 percent in fiscal 2026, or 4.7 percent excluding land sales. The company said the next phase centers on improving returns within core businesses and simplifying the portfolio further, while it expects a meaningful recovery in underlying volumes only in calendar 2027.

EUR 1.72 on October 5

Fletcher Building stock was trading at EUR 1.72 at Lang & Schwarz on October 5, 2026 at 1:36 p.m. CEST, versus a prior close of EUR 1.77, a decline of 2.82 percent. The market capitalization was NZD 3.7 billion on October 5, 2026, and the 52-week range was NZD 2.65 to NZD 4.08.