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

Fletcher Building Ltd Trading Update and Organization Reset Conference Call Transcript

May 19, 2020 / 10:30PM GMT
Release Date Price: NZ$3.4 (+0.29%)
Operator

Thank you for standing by. And welcome to the Fletcher Building Analyst Briefing. (Operator Instructions)

I would now like to hand the conference over to Mr. Ross Taylor, Fletcher Building CEO. Please go ahead.

Ross H. Taylor
Fletcher Building Limited - CEO

Thank you, Taylor. Good morning, everyone. And welcome, and thanks for joining us today for an update on FY '20 trading. Our Group CFO, Bevan McKenzie, is also on the call, and he'll be available to take questions with me after I finish the presentation.

During today's call, I'll provide an overview of how COVID-19 has impacted our businesses and how we've managed these impacts to date. I'll then turn to the market outlook and the actions we are taking to ensure the business is well positioned to weather what will be a serious market downturn. Unfortunately, this will lead to a significant reduction in our workforce across all areas of our businesses. And through the presentation, I'll provide both the context and the details around this and what we'll be doing to support our people

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