An Auto Media Group publication Monday 9 November 2026
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Fletcher Building

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Business & People

Fletcher Building posts $419m full-year loss

Fletcher Building has reported a net loss of $419 million for the year to June 30, as the company grappled with weak demand, one-off costs, and…

Policy & Regulation

Fletcher and NZTA reach settlement over Puhoi to Warkworth motorway dispute

Fletcher Building has confirmed a settlement has been reached over a long-running dispute with the New Zealand Transport Agency (NZTA) and the Northern Express Group (NX2)…

Business & People

Fletcher Building posts $134m half-year loss

Fletcher Building has posted a first-half net loss after tax of $134 million, widening from a $120 million loss in HY24, as the company grapples with…

Fuel & Energy

Channel Infrastructure, Higgins to develop bitumen import terminal

Channel Infrastructure has entered into a 15-year contract with Higgins Contractors to develop a bitumen import terminal at Marsden Point. The new terminal is expected to…

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News

Winstone Aggregates put e-dumper to the test

Fletcher Building subsidiary Winstone Aggregates has taken possession of New Zealand's largest e-dumper which is currently being trialled at its Belmont Quarry in Wellington. The fully…

Business & People

Fletcher reports $120m half year loss, chair and CEO resign 

Fletcher Building has reported a first half net loss after tax of $120 million alongside major board and leadership resignations with chairman Bruce Hassall and group…

News

New GM for Higgins

Andrew McRae Fletcher Building has appointed experienced roading and construction manager Andrew McRae as new general manager for Higgins. McRae has spent the past 23 years…

Business & People

Fletcher Building full-year net profit down 45%

Fletcher Building has posted a net profit after tax of $235 million for its full year result, down 45.6% compared to last year.  Revenue was down…

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