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Fletcher Building s first-half result could be a taste of things to come?
16 Feb, 2021 04:40 AM
5 minutes to read
Investors will find out tomorrow if New Zealand s biggest building construction and materials manufacturing business can meet its operating earnings forecast of $305 million to $320m in the half-year to December. Fletcher Building is among the first batch of listed companies due to report this season, following Contact Energy s result yesterday.
The $30m from the company s sale of 35ha of controversial land at Ihumātao in Māngere might be included tomorrow: that deal was announced on December 16 and the results are for the six months to December 31.