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News Fletcher Building publishes first-half 2025 financial year results

Fletcher Building publishes first-half 2025 financial year results

Written by Global Gypsum staff
19 February 2025
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New Zealand: Fletcher Building has reported its financial results for the first half of its 2025 financial year, which began on 1 July 2024. The group recorded sales of US$2.05bn, down by 7% year-on-year from US$2.21bn, and negative earnings before interest and taxation (EBIT) at a loss of US$14.9m. It previously recorded a positive EBIT of US$44.1m in the corresponding first half of its 2024 financial year.

Sales in its Building Products division, which includes Winstone Wallboards, fell by 5% to US$380m, with EBIT of US$35.5m. Light building products contributed EBIT of US$32.6m. Winstone Wallboards retained its ‘strong’ market position, despite a recessionary environment, and successfully brought its new Tauranga gypsum wallboard plant to targeted performance efficiency.

Last modified on 26 February 2025
Published in Global Gypsum News
Tagged under
  • Fletcher Building
  • New Zealand
  • Winstone Wallboards
  • Results
  • loss
  • market
  • economy
  • efficiency
  • GGM62

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