Fletcher Building Limited · NZX:FBU

Fletcher Building — Investor Day (June 2022)

13 slides from Fletcher Building's investor day presentation, June 2022

  1. Slide 1: Agenda

    Agenda 1. Building for tomorrow Ross Taylor / Bevan McKenzie 2. Building Products Hamish McBeath 3. Distribution Bruce McEwen 4. Concrete Nick Traber 5. Australia Dean Fradgley 6. Residential and Development Steve Evans 7. Concluding Remarks Ross Taylor Fletcher Building Limited

  2. Slide 2: Australia

    Australia Well-established businesses & brands that operate across manufacturing & distribution, with momentum to grow  Well-positioned businesses with strong brands; scale in respective markets  Leading manufacturer of decorative surfaces, plastic pipes, insulation and steel  Leading plumbing su

  3. Slide 3: Material profit improvement continues, with EBIT margin exit run-rate of c.4.7%

    Australia Material profit improvement continues, with EBIT margin exit run-rate of c.4.7% – we are confident in the sustainability of this earnings growth EBIT ($m)1 EBIT Margin1 (%) and ROFE2 (%) Key Non-financial Measures c.8.3% FY19 YTD22 c.$115m TRIFR3 5.4 3.5 NPS 33 15 5.2% c.4.7% Engagement 59

  4. Slide 4: Australia has more than doubled margins since FY19 and will deliver 5%+ returns in FY23

    Australia Australia has more than doubled margins since FY19 and will deliver 5%+ returns in FY23. There is strategic momentum to deliver +200-300bps in the medium-term Driving operational performance through top & bottom line initiatives  Pricing strategies beyond cost price recovery, removed low

  5. Slide 5: Laminex

    Australia Laminex Performing well in-market; a well-positioned business heading towards double-digit EBIT margins Operational performance & growth strategies… Revenue Weighted Sector Exposure Ecommerce Sales  Targeted segmental growth in core categories; leading the market in Ecommerce Sales % 30%

  6. Slide 6: Laminex

    Australia Laminex Strategy in action; pilot stores for Haven Kitchens in place and alternative fibre trials underway Haven Kitchens – Pilot Stores in Melbourne Research & Product Development Page 70 | Fletcher Building Limited Investor Day Presentation | © June 2022

  7. Slide 7: Plumbing Distribution

    Australia Plumbing Distribution Margins have grown by c.200bps over three years; momentum will add 100bps p.a. in the medium-term Operational performance & growth strategies… Revenue Weighted Sector Exposure SME Participation  Sustainable gross profit improvement driven by segmental growth Infrastr

  8. Slide 8: Plumbing Distribution

    Australia Plumbing Distribution Strategy in action; complete digital offer and own brand penetration are driving margin expansion Tradelink into 2nd year of digital sales Own brand driving growth Digital sales $ Digital Sales DigitalGM% Margin Own brand sales 300bps 30% We are now accelerating into

  9. Slide 9: Fletcher Insulation

    Australia Fletcher Insulation Delivered 700bps of EBIT margin improvement over three years – well-positioned for future growth Better margins from operational performance & growth Revenue Weighted Sector Exposure  Optimised manufacturing and distribution footprint; investment in automation has driv

  10. Slide 10: Stramit

    Australia Stramit Stramit has performed reasonably well in a challenging year within a highly constrained domestic steel market Better margins from operational performance & growth Revenue Weighted Sector Exposure Sheds Participation  Pricing strategies have seen margin recovery Commercial Distribu

  11. Slide 11: Iplex

    Australia Iplex Enhanced strategy is improving the quality of earnings through-the-cycle Better margins from operational performance & growth Revenue Weighted Sector Exposure  Optimised our manufacturing footprint  Redefined our core markets to play in more attractive profit pools 30% Residential

  12. Slide 12: Healthy momentum delivering 5%+ in FY23; line of sight to 200-300bps growth

    Australia Healthy momentum delivering 5%+ in FY23; line of sight to 200-300bps growth over the medium-term Strong Locked in Strong digital Ahead of our Commitment to operational improved quality cadence ESG targets zero harm discipline of earnings Delivering 5%+ EBIT margins in FY23 – well-positione

  13. Slide 13: Questions

    Questions Page 77 | Fletcher Building Limited Investor Day Presentation | © June 2022

Fletcher Building — Investor Day (June 2022) on 6ix