News | Business
20 Aug 2025 13:32
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    It's been another tough year for Fletcher Building

    It's been another tough year for Fletcher Building


    Auckland's Skytower
    Auckland's Skytower
    The construction giant's announced a net loss of 419-million dollars, compared to a loss of 227-million dollars last year.

    Fletcher boss Andrew Reding says this has been one of the most demanding years in recent memory.

    Revenue's down nine-percent.

    Meanwhile, Spark's reporting a 17.7 drop in profit, and Sky City remains in a trading halt as it prepares to announce a possible capital raise.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     20 Aug: One NZ says connections have been restored - after a widespread broadband outage in Auckland and Northland this morning
     20 Aug: Dairy prices have dipped 0.3 percent at this morning's latest Global Dairy Trade auction
     20 Aug: Some people will see their insurance premiums rise -- or fall -- under changes to how Tower Insurance assesses risk
     20 Aug: The construction sector is losing workers - but the grass may not necessarily be greener across the ditch
     19 Aug: SkyCity Entertainment has gone into an NZX trading halt - pending an announcement on a possible capital raise
     19 Aug: Hopes 2026 will be a better year for construction - after a tough 2025
     19 Aug: New Zealand's population has reached a record high - of more than 5.3 million people
     Top Stories

    RUGBY RUGBY
    A selection crossroads for Springboks coach Rassie Erasmus after the Wallabies exposed weaknesses in his side during the opening round of the Rugby Championship More...


    BUSINESS BUSINESS
    One NZ says connections have been restored - after a widespread broadband outage in Auckland and Northland this morning More...



     Today's News

    Politics:
    The Chief Inspector for Corrections is disappointed at the medical wait times at Mt Eden Prison 13:27

    Entertainment:
    Mila Kunis barely ate when she was making Black Swan 13:12

    Rugby League:
    Multi-match bans for a pair of players in the Warriors NRLW side 13:07

    Entertainment:
    Pierce Brosnan credits "Guinness" for his enviable hair 12:42

    Education:
    A person's died at a school in Levin 12:27

    Entertainment:
    Dianna Agron still finds it hard to process the losses of Glee co-stars Cory Monteith, Naya Rivera and Mark Salling 12:12

    National:
    We’ve been sending animals into space for 7 decades – yet there are still no rules to protect them from harm 12:07

    Law and Order:
    Christchurch Police are appealing for information, after shots were fired at a house in Wigram 11:57

    Entertainment:
    Catherine Zeta-Jones and Michael Douglas "are very similar" 11:42

    Entertainment:
    Aubrey Plaza speaks for first time about death of late husband Jeff Baena 11:37


     News Search






    Power Search


    © 2025 New Zealand City Ltd