Podcasts Other The Mike Hosking Breakfast Ross Taylor: Fletcher Building CEO insists they're in good shape, despite lower profit

Ross Taylor: Fletcher Building CEO insists they're in good shape, despite lower profit

Published: June 21, 2023, 7:53 p.m.

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Fletcher Building insists it\'s in good shape, despite lower profit.

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It\'s dropped its forecast to about $800 million down from its February prediction of up to $855 million.

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CEO Ross Taylor told Mike Hosking residential builds have been a bit patchy lately, but the commercial sector is doing just fine.

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He says in the bigger picture, less and less land is the pressing issue.

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The answer to that is building smaller properties, or those with at least three stories.

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