Latest from Fletcher Building Limited

Fletcher Building tipped to improve profitability

Analysts at two investment specialists have upgraded Fletcher Building's prospects because of recent success.

New rules stymie low-ball share offers

Fletcher Building issues lowball offer warning

Asbestos found at Lincoln University

A Lincoln University building has been shut down after a concerned staff member took a swab of some dust which returned a positive test for asbestos.

Asbestos find shuts Fletcher factory

Fletcher Building's Winstone Wallboards unit has temporarily closed a plasterboard factory in Christchurch after finding traces of asbestos in the building.

Fletcher surges on result

In what turned out to be a tale of two countries, Fletcher Building announced a lift in its annual net profit yesterday, with Australia's economic downturn detracting from a strong showing in New Zealand.

Australia needs 'dose of Thatcher'

Australia has old-fashioned union arrangements and needs "a dose of Margaret Thatcher," says Mark Adamson, the British chief executive of Fletcher Building.

Fletcher unveils $326m profit as NZ revives

Fletcher feted for Formica turnaround

When Fletcher Building paid around $1 billion for Formica in 2007, the business was only three years out of a financial hole and Chapter 11 bankruptcy.