Fletcher Building Limited · NZX:FBU
Fletcher Building — Investor Presentation (June 2021)
6 slides from Fletcher Building's investor presentation, Jun 1, 2021
Slide 1: Introducing Fletcher Building
Introducing Fletcher Building
Slide 2: Significant NZ & Australia player, focused on the building products and distribution sectors
Significant NZ & Australia player, focused on the building products and distribution sectors People: c.14,500 External Revenue: NZD c.$8.0 billion NZX/ASX Listed: FBU New Zealand Australia South Pacific c.9,100 people c.4,600 people c.800 people External Revenue FY21F $5.2b $2.8b $0.1b FB Revenue by
Slide 3: Our strategy is aligned to next phase of ongoing performance and growth
Our strategy is aligned to next phase of ongoing performance and growth Vision To be the leader in New Zealand and Australian building products and solutions Purpose Improving the world around us through smart thinking, simply delivered Economic performance Leadership in innovation, Strategic Market
Slide 4: Our strategy positions us well to drive shareholder value in the short- and long-term
Our strategy positions us well to drive shareholder value in the short- and long-term 01 02 03 04 05 Focus Strong Significant Global and Well-positioned financial near-term regional for long-term positioning “self-help” macro trends and sustainable value creation are supportive growth opportunity 4
Slide 5: Covid aside, we have achieved strong performance improvements over the last three years
Covid aside, we have achieved strong performance improvements over the last three years EBIT1 ($m) EBIT Margin1 (%) 650-665 598 c.8.2% 7.2% Operating Margins Profit 160 up 100bps 2.2%* up 20% FY19 FY20 FY21F FY19 FY20 FY21F *Not Applicable due to Covid impacts Underlying Trading Cash-Flow2 ($m) ROFE
Slide 6: We are well-positioned to drive growth through to FY23 and beyond
We are well-positioned to drive growth through to FY23 and beyond Markets look stronger for longer Clear path to c.10% margins Investing now Residential WPIP (NZ$b) EBIT Margin1 (%) c.10% 17.5 17.8 17.7 15.6 15.2 c.8.2% 7.2% FY19 FY20 FY21F FY22F FY23F Residential Work Done (A$b) Strong investment
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