Fletcher Building expects $575m to $781m hit to bottom line: New losses forecast

Fletcher Building has projected significant items impacting its financial results, estimating losses between $573 million and $781 million for the fiscal year ending June 30, 2025. Prior to accounting for these losses, the company anticipates earnings before interest and tax (EBIT) of $386.4 million to $391.4 million, with institutional investors expressing concerns over lowered profit expectations.

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