Fletcher Building exceeds own forecast, half-year operating profit up 47% 16 Feb, 2021 07:40 PM 4 minutes to read Fletcher Building exceeded its own forecast by earning 47 per cent more operating profit in the latest half-year, rising from $219 million to $323m. New Zealand's biggest building construction and materials manufacturing business had forecast making $305m to $320m but came in $3m above the top end of its own range. Revenue was up from $3.96b to $3.98b, net profit after tax up 48 per cent from $82m to $121m and shareholders will get an interim dividend of 12 cents per share, paid on March 24. Read More Fletcher Building chief executive Ross Taylor said: "The strong result reflects good progress made on our strategy to drive consistent performance and growth. The improved earnings and profitability are the outcome of initiatives undertaken over the past three years to improve operating disciplines and efficiencies across the group.