Fletcher Building
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| Type | Public company |
|---|---|
| Industry | Construction |
| Founded | 2001 (part of Fletcher Challenge group) |
| Headquarters | Auckland, New Zealand |
| Area served | New Zealand |
| Key people | Jonathan Ling (CEO and Managing Director) |
| Products | Building products |
| Services | Construction |
| Revenue |  $7,100 million (As of 2008[update])[1] |
| Net income | $467 million, DPS = 48.5cents (As of 2008[update]) |
| Subsidiaries | Fletcher Construction |
| Website | www.fletcherbuilding.co.nz |
Fletcher Building Limited (NZX: FBU, ASX: FBU) is currently the largest listed company in New Zealand, having recently overtaken Telecom New Zealand,[2] with a market capitalisation of over NZ$4.5 billion. The company was split from Fletcher Challenge in 2001, formerly New Zealand's largest business and multinational.
Contents |
[edit] Divisions
The company operates in five separate divisions - Building Products, Steel, Laminates & Panels, Infrastructure, and Distribution [3]
[edit] Infrastructure
The company's infrastructure division comprises commercial and residential construction, concrete and quarries. The company owns Golden Bay Cement.
[edit] Steel
The Steel division has a diversified portfolio of steel businesses across three broad business lines, primarily in Australia and New Zealand. Each of the division’s businesses has a leading market position and widely recognised brands.
[edit] Laminates & Panels
This business includes the Formica business acquired in May 2007 [4] as well the Laminex business.
[edit] Building Products
Fletcher Building manufactures building materials, such as GIB plasterboard, Pink Batts insulation, and steel roof tiles. Many of these products are sold through Fletcher's retail division, PlaceMakers. Fletcher Building has operations internationally, which contributes to 47% of total revenue.
[edit] Distribution
PlaceMakers is a leading tools and building supplies retail store chain in New Zealand.
[edit] References
- ^ "Corporate Information". Fletcher Building. http://www.fletcherbuilding.co.nz/corporate/index.aspx. Retrieved 2007-08-30.
- ^ http://www.nzx.com/markets/indices/NZ50/pricebyindex?orderdirection=desc&orderfield=value
- ^ http://www.fletcherbuilding.co.nz/media/fullstory.aspx?ArticleID=330
- ^ http://www.formica.com/publish/site/na/us/en/index/content/pressroom/press_room0/press_release/corporate/formica_corporation0.html
