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Edge14 Nov 2025
Ball: The King of Cans
From a 19th-century glass-jar legacy to a global plant network, Ball is now a pure-play aluminum can partner to the world's biggest beverage brands.
Fletcher Building (FBU) investor relations material
Fletcher Building AGM 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.AGM 2025 summary21 Oct, 2025
Opening remarks and agenda
Meeting opened with a welcome to shareholders, proxies, and guests, both in person and online, and confirmation of quorum and agenda overview.
Agenda included FY25 results, financial summary, CEO presentation, governance updates, Q&A, and voting on resolutions.
Financial performance review
Revenue for FY25 was $7 billion, down 9% from FY24; EBIT before significant items was $384 million, $125 million lower than FY24.
Net loss increased to $419 million from $227 million in FY24.
Net debt reduced from $1.77 billion to $999 million, aided by a capital raise and strong operating cash flow of $501 million.
Capital expenditure was $313 million, down from $420 million, reflecting disciplined allocation.
Return on invested capital fell to 4.5% from 5.5% the prior year.
Board and executive committee updates
Board renewal completed, with Peter Crowley appointed Chair in 2025 and several new directors and executives joining.
Board focused on strategic clarity, accountability, and supporting management in executing the turnaround plan.
What is the timeline to resume dividends?
Update on divestment progress?
How to mitigate product installation risk?
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Next Fletcher Building earnings date
H1 202617 Feb, 2026
Next Fletcher Building earnings date
H1 202617 Feb, 2026
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Frequently asked questions
Fletcher Building Limited is a New Zealand-based company that operates in the building materials, construction, and distribution sectors across Australasia. The company manufactures and distributes a wide range of products, including cement, concrete, insulation, and roofing, as well as providing residential and commercial construction services. Fletcher Building serves industries such as construction, infrastructure, and residential development. The company is headquartered in Auckland, New Zealand, and its shares are listed on the NZX and ASX.
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