Fletcher Building is aiming to win contracts worth billions, it has revealed in an investor presentation.
Graham Darlow, chief executive of the construction division, outlined how the company hoped to score some huge deals, such as the $900 million Transmission Gully job, $900 million Auckland central city rail link and the $650 million Christchurch Hospital project.
"Large projects are getting bigger," he said, telling of more interest from international firms, how there was a strong push for more homes in Christchurch and Auckland, and that transport and water projects were strong.
Fletcher has bucked a profit downgrade trend for the sector, pleasing one research firm.
Morningstar described New Zealand's biggest listed company as "a good business operating in a difficult sector" and expressed satisfaction at confirmation of the $560 million-$610 million ebit guidance given at an investor briefing.
