Fletcher Building says it's in a good spot to weather any more possible storms of Covid-19
Fletcher Building says it's in a good spot to weather any more possible storms of Covid-19
11 August 2020
The company's signalling a $196 million net loss for the financial year to June 30, mostly due to the virus.
CEO Ross Taylor says Covid-19's long-term impacts are uncertain.
But he says operating cash flows are expected to be up on last year at 410 million, and a strong balance sheet is intact, with net debt around 500 million and liquidity at 1.6 billion.
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