Fletcher Building Ltd (NZSE:FBU)

NZ$ 2.95 0.08 (2.79%) Market Cap: 2.25 Bil Enterprise Value: 5.81 Bil PE Ratio: 163.89 PB Ratio: 0.68 GF Score: 76/100

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Full Year 2019 Fletcher Building Ltd Earnings Call Transcript

Aug 20, 2019 / 11:00PM GMT

Release Date Price: NZ$4.57 (+2.70%)

Transcript

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the full year results analyst briefing conference call. (Operator Instructions) Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Mr. Ross Taylor, CEO. Thank you. Please go ahead.

Ross H. Taylor

Fletcher Building Limited - CEO

Good morning, everyone, and welcome to the presentation of our results for the 12 months ended 30 June 2019. Presenting with me today is our group CFO, Bevan McKenzie.

Slide 2 outlines our key talking points today. I'll begin by providing an overview of the results and then I'll run through the divisional performance in a little bit more detail. Bevan will then talk through the overall financial performance for the year. And then finally, I'll sum up with some outlook comments for the year ahead.

Moving to Slide 3. FY '19 was a critical year for Fletcher Building. It was very important for us to successfully stabilize and focus the business, while keeping our core

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