Fletcher Building Ltd
FBU: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| p.P | LOCK|g# | LOCK|&@g^$^ |
Fletcher Earnings: A Return to Profitability Despite Low Activity in Residential Construction
Fletcher's fiscal 2026 underlying EBIT of NZD 414 million was 26% higher than the prior year. Operational improvements and sales volume growth underpinned 100 basis points of margin expansion. Shares rose 4%.
