Fletcher Building Makes Money Fast, But Problems Remain

Fletcher Building, a group operating in the construction materials industry, presents the best and worst results on the stock markets.

The only major holding company left standing in a sector that has been plundered in the past 12 months (CSR, Boral, AdBri all gone) and is now too indebted to the housing slowdown, Fletcher Building can send its bankers to the stock market and mount a major rescue operation in a single weekend.

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