Powtech Technopharm - Your Destination for Processing Technology - 29 - 25.9.2025 Nuremberg, Germany - Learn More
Powtech Technopharm - Your Destination for Processing Technology - 29 - 25.9.2025 Nuremberg, Germany - Learn More
Global Cement
Online condition monitoring experts for proactive and predictive maintenance - DALOG
  • Home
  • News
  • Conferences
  • Magazine
  • Directory
  • Reports
  • Members
  • Live
  • Login
  • Advertise
  • Knowledge Base
  • Alternative Fuels
  • Privacy & Cookie Policy
  • About
  • Trial subscription
  • Contact
News Fletcher Building’s sales flat in 2023 financial year

Fletcher Building’s sales flat in 2023 financial year

Written by Global Cement staff 16 August 2023
  • Print

New Zealand: Fletcher Building recorded sales of US$5.07bn during the 2023 financial year, down slightly year-on-year from US$5.08bn in the 2022 financial year. Its earnings before interest and taxation (EBIT) fell by 29% to US$296m from US$419m. The drop in earnings was mainly attributed to additional costs allocated to the New Zealand International Convention Centre and Hobson Street Hotel project. Adjusted for significant items, the group’s EBIT rose by 6% to US$477m from US$452m.

Throughout the year, Fletcher Building’s cement subsidiary Golden Bay Cement co-processed 100,000t of waste as alternative fuel (AF). The producer awarded a bottom ash supply contract to Huntly Power Station. It also launched EcoZero carbon neutral cement, which is its EcoSure reduced-CO2 cement with the remaining emissions offset.

Chief executive officer Ross Taylor said “Looking forward to the 2024 financial year, we expect some further tightening in our overall volumes and so our focus remains on strong customer performance, cost control and pricing disciplines across our businesses. We have shown we are well equipped to continue performing solidly through the cycle.”

Published in Global Cement News
Tagged under
  • New Zealand
  • Fletcher Building
  • Results
  • GCW621
  • Golden Bay Cement
  • Alternative Fuels
  • Product

Related items

  • JSW Cement launches water-repellent slag-based cement
  • Cementos Avellaneda co-processes 14t of tyres from La Metropolitana plant
  • Raysut Cement reports financial results for the first half of 2025
  • Boral’s Berrima Cement Works reaches alternative fuel milestone
  • Ghacem launches ECO COOL cement in Ghana
back to top
“Loesche
SR-MAX2500 Primary Shredder for MSW - Fornnax Recycling Technology
PrimeTracker - The first conveyor belt tracking assistant with 360° rotation - ScrapeTec
UNITECR Cancun 2025 - JW Marriott Cancun - October 27 - 30, 2025, Cancun Mexico - Register Now
Acquisition Cemex China CO2 coronavirus data decarbonisation Export France Germany Government grinding plant HeidelbergCement Holcim Import India Investment LafargeHolcim Mexico Nigeria Pakistan Plant Product Production Results Sales Sustainability UK Upgrade US
« July 2025 »
Mon Tue Wed Thu Fri Sat Sun
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31      



Sign up for FREE to Global Cement Weekly
Global Cement LinkedIn
Global Cement Facebook
Global Cement X
  • Home
  • News
  • Conferences
  • Magazine
  • Directory
  • Reports
  • Members
  • Live
  • Login
  • Advertise
  • Knowledge Base
  • Alternative Fuels
  • Privacy & Cookie Policy
  • About
  • Trial subscription
  • Contact
  • Global CemBoards
  • Global CemCCUS
  • Global CemFuels
  • Global CemFuels Asia
  • Global Concrete
  • Global FutureCem
  • Global Gypsum
  • Global GypSupply
  • Global Insulation
  • Global Slag
  • Latest issue
  • Articles
  • Editorial programme
  • Contributors
  • Back issues
  • Subscribe
  • Photography
  • Register for free copies
  • The Last Word
  • Global Gypsum
  • Global Slag
  • Global CemFuels
  • Global Concrete
  • Global Insulation
  • Pro Global Media
  • PRoIDS Online
  • LinkedIn
  • Facebook
  • X

© 2025 Pro Global Media Ltd. All rights reserved.