FBU-Fletcher Building

[Left Field]

FBU working hard to give the illusion of progress....

https://www.nzx.com/announcements/467612

1H FY26 highlights
 
 - Revenue from continuing operations of $2,866 million, broadly in line with the prior corresponding period (pcp)
 - EBIT from continuing operations before Significant Items of $145 million, reflecting stable underlying performance
 - EBIT margin before Significant Items of 5.1%, consistent with pcp
 - Net cash from operating activities of $156 million, improved from $87 million in pcp
 - Net debt of $1,164 million, was below internal expectation, reflecting disciplined capital allocation and working capital management
 - Total available liquidity of approximately $0.8 billion as at 31 December 2025, providing sufficient headroom through the current market cycle
 - Return on invested capital before Significant Items (ROIC) of 4.3% (1H FY25: 4.6%)

[Shareguy]

Possible interest in FBU

Suitors construct case for $3.2b Fletcher Building

https://www.afr.com/street-talk/finally-fletcher-building-inches-up-the-dealmaking-watchlist-20260226-p5o5qq

[Shareguy]

Register for class action. The deadline to register your claim or opt out of the Class Action is 4:00 pm (AEST) on 20 August 2026 (Class Deadline


https://www-au.computershare.com/WebContent/doc.aspx?docid=%7B71a5b76f-2530-4d84-a3a1-52b5a98e9bd1%7D

[Shareguy]

Corporate welfare or not. An ETS that many of our competitors in the world have not signed up too including America.

https://www.google.com/url?q=https://www.rnz.co.nz/news/business/749001/government-moves-to-keep-cement-production-in-nz-with-up-to-60m-in-financial-support&sa=U&sqi=2&ved=2ahUKEwizgJCE9-GVAxXNXOsIHeRBJagQr_oDKAB6BAgyEAE&usg=AOvVaw0Q6pzF2oFh1SXCguacpDWR

The most prominent system is the EU ETS. The vast majority of the world's nations, particularly across Africa, Latin America, and parts of Asia, do not have a national ETS in place.Major global economies and countries not participating in an ETS include:United States: No nationwide federal ETS exists, though sub-national programs (like California's cap-and-trade) operate.India: No nationwide ETS, although energy and carbon-reduction policies are evolving.Brazil: Currently lacks an active ETS.Australia: Uses alternative climate policies and mechanisms rather than a national ETS.Saudi Arabia: No national ETS.Russia: No active ETS.

Well I guess we are all happy to pay our share and one day the rest of the world will surly join us.

[Basil]

Well I guess we are all happy to pay our share and one day the rest of the world will surly join us.

I don't think so and in effect we're just paying a lot of money for hot air.
Chump thinks climate change is a scam. 
China is building out more than one new coal fired power station every week.
What difference is it going to make to the world us paying ludicrous amounts of money for an ETS we can't really afford ?

[Shareguy]

This is where Tariffs on imports that are not in simalar ETS would fix the issue. There's going to be more of this for sure.

I agree given we supply not even 1 percent of emissions it seems ridiculous the additional costs that we are all going to be burdened with while China and the US and others pay nothing.

GBC employs more than 150 staff at its Whangārei plant and accounts for 1% of the district's GDP, according to a 2026 study. It also runs the plant's kiln using fuel produced from waste tyres, rather than traditional fossil fuels, according to Fletcher Building.

GBC accounts for about 60% of New Zealand's cement supply, according to Fletcher Building, while global manufacturers account for the rest. Japanese and Malaysian producers supplied New Zealand with 86% and 3% of its cement imports, respectively, in 2024, data from the Observatory of Economic Complexity show

[Basil]

Agree that we can't afford to lose any more critical infrastructure because of irrational ideology.

The Greens and Labour sold our future down the river mothballing Masden Point. We were paying a maximum of $9 a barrel to refine oil there and now we're at the mercy of international refineries charging whatever the market will bear, currently over $60 a barrel. It was the worst sort of economic vandalism as we're now paying vastly higher fuel prices forever including emissions levies in the price  which few people realise.