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Latest FromFletcher Building Limited
![Australia not such a lucky country for NZ firms](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Australia not such a lucky country for NZ firms
Weak earnings show Australia has not such a lucky country for NZ firms lately
![Fletcher shares fall as profits drop 13pc](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Fletcher shares fall as profits drop 13pc
Fletcher Building's share price has fallen after the company reported a 13 per cent fall in its first half net profit.
![Fletcher Building earnings forecasts downgraded](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Fletcher Building earnings forecasts downgraded
Six out of 11 analysts who cover Fletcher Building shares have cut their 2012 and 2013 earnings forecasts.
![Fletcher profits to fall 10pc, earnings growth to stall](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Fletcher profits to fall 10pc, earnings growth to stall
Fletcher Building, the biggest company on the NZX 50 Index, said first-half profit will fall 10 per cent.
![Fletcher Building warns of earnings fall](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Fletcher Building warns of earnings fall
Fletcher Building says its first-half earnings are likely to be about 10 per cent down on the $166 million earned in the same period last year.
![Brian Gaynor: Changing the scores unfair to investors](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Brian Gaynor: Changing the scores unfair to investors
Normalising profits to bury the bottom line shouldn't be the norm.