Fletcher Building Limited (FBU) Q4 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by and welcome to the Fletcher Building FY26 four-year results briefing. All participants are in a listen-only mode. There will be a presentation followed by a question and answer session. If you wish to ask a question, you will need to press the star key followed by the number one on your telephone keypad. We ask that you please limit yourself to two questions. I would now like to hand the conference over to Mr. Andrew Redding, Managing Director and Group Chief Executive Officer. Please go ahead. Good morning, and welcome to the presentation of our full year results for the 12 months ended 13th of June, 2026. Setting the agenda for today, I'll cover off the 2026 financial year and the progress we've made against our strategy. I'll then talk to the divisions and our stakeholders. Will Wright, our group CFO, will then take you through our financial results in more detail. And finally, I'll return for our outlook, after which we will take questions. Before we get into the detail, let me give you a quick overview of the year as I see it. The end of financial year 26 signifies the end of the first stage of our turnaround. The first stage was the initial hard work to turn around this group, and we've now completed that. We've progressed with the portfolio simplification. We've made Roic a discipline in our business. We've put the focus on performance, and we've taken out a major first-transport cost. We have moved quickly and decisively, and we now have a fitter, leaner organization. The next stage is going to be about finding and proving up where growth comes from inside the core and continuing to pursue portfolio simplification opportunities. Turning to slide five, there are five points I want to make sure I get across today. We have delivered a s...