Andrew Reding

Ailing construction giant Fletcher Building has signposted potential writedowns of up to $780 million in its financial year about to end

Ailing construction giant Fletcher Building has signposted potential writedowns of up to $780 million in its financial year about to end

Fletcher Building says 'macroeconomic pressures' are expected to persist and economic activity to remain subdued at 'below mid-cycle levels' for the remainder of the financial year

Fletcher Building says 'macroeconomic pressures' are expected to persist and economic activity to remain subdued at 'below mid-cycle levels' for the remainder of the financial year

Fletcher Building indicates that paying down its debt is in order to prevent a fire sale of assets

Fletcher Building indicates that paying down its debt is in order to prevent a fire sale of assets