HY26 · Released 18 February 2026
Fletcher Building HY26: volumes fell 20% but PBT returned to profit
Cost action held EBIT margin steady, yet the result still depends on an unquantified significant-items bridge and thin liquidity.
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FBU · NZX
Fletcher Building
Building & ConstructionCovered: HY261 published briefing
Snapshot
Latest metrics
HY26, released 18 February 2026
| Metric | Value |
|---|---|
| Revenue | $2866.0m |
| NPAT | -$11.0m |
| Operating cash flow | $156.0m |
| Net debt | $1164.0m |
| ROE % | -0.3% |
| DPS | 0.0c |
| Payout ratio vs NPAT % | 0.0% |
| PBT | $65.0m |
| FCF pre-lease | $6.0m |
| Total assets | $7748.0m |
Longitudinal view
Performance over time
Current-period values from each published briefing, with the most recent reporting period shown first.
| Metric | HY2618 February 2026 |
|---|---|
| Revenue | $2866.0m |
| Revenue growth % | -20.0% |
| PBT | $65.0m |
| NPAT | -$11.0m |
| Operating cash flow | $156.0m |
| FCF pre-lease | $6.0m |
| DPS | 0.0c |
| Payout ratio vs NPAT % | 0.0% |
| ROE % | -0.3% |
| Net debt | $1164.0m |
| Total assets | $7748.0m |
Timeline
Briefing timeline
Reverse chronological, with each entry linking back to the full briefing.
Accountability
Expectations tracker
Once a second briefing exists for this company, this section will compare the previous briefing's expectations and unresolved issues with what actually happened in the next result.
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