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Fletcher Building Limited (ASX:FBU)

ALERT: Price-sensitive ASX Announcement for FBU
Current share price for FBU : $3.180 -0.06 (-1.85%)+
Announcement
Release
13 Jan 2026 7:30AM
Price at Release
$3.240
Full Release
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Summary
The Fletcher Building Quarterly Volume Report for Q2 FY26 indicates modest improvement in product sales volumes compared to Q1 FY26, with positive trends observed in certain divisions such as Light Building Products and some areas of Heavy Building Materials. Specifically, Waipapa and Iplex NZ showed significant volume increases, while the Heavy Building Materials division continued to face challenges due to weak roading and project activity. PlaceMakers Frame & Truss also saw volume improvements but margins were under pressure. Residential activities reported a decline in the number of units taken to profit compared to the same period last year. The company anticipates that meaningful recovery in volumes may not occur until 2027.
Key Points
  • Modest improvement in sales volumes compared to Q1 FY26.
  • Positive trends in Light Building Products; Waipapa and Iplex NZ showed strong volume growth.
  • Challenges in Heavy Building Materials with continued volume contractions.
  • PlaceMakers Frame & Truss volumes improved but margins compressed.
  • Decline in Residential units taken to profit compared to Q2 FY25.
  • Meaningful recovery in volumes expected in calendar year 2027.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.