About Fletcher Building

Fletcher Building Limited, together with its subsidiaries, engages in the manufacturing and distribution of building materials and residential and commercial construction worldwide. Segments The company operates through Building Products, Distribution, Steel, Concrete, Residential and Development, Construction, Australia, and Formica and Roof Tile Group segments Building Products This segment is a manufacturer, distributor, and marketer of building products used both commercially and in residential markets in New Zealand. This segment brings together the company’s manufacturing businesses, which supply into the building and construction sector in New Zealand. Distribution This segment consists of building and plumbing distribution businesses in New Zealand. This segment employs people throughout New Zealand who work across its retail trade stores and supply building, plumbing and bathroom products to the market. Steel This segment consists of steel manufacture and distribution businesses in New Zealand. This segment operates through six brands, with people working across operations that span New Zealand. Concrete This segment includes the company’s interests in the concrete value chain, including extraction of aggregates, and the production of cement and concrete. This segment operates in New Zealand. Residential and Development This segment operates in New Zealand and is both a residential home builder and develops and sells primarily commercial sites within the company’s property portfolio. Construction This segment is a builder and maintainer of commercial buildings and infrastructure across New Zealand and the South Pacific. This segment includes the following five business units: Fletcher Infrastructure delivers transport and infrastructure projects within New Zealand, including regional and national roads, bridges, wharves, railway and bus connection stations, water and wastewater services plants, industrial plants and upgrades. Higgins designs, builds and maintains roads and manufactures roading products across New Zealand and Fiji. As a specialist roading company, Higgins delivers an integrated range of services. South Pacific is a full service contractor providing vertical and horizontal infrastructure, with bases in seven island nations and its head office in Auckland. Brian Perry Civil is a specialist contractor in foundation and groundworks, complex civil, three waters and marine projects. The business includes Piletech, PipeWorks and Seovic. Building and Interiors remains a national contractor completing commercial, retail, health, education and other buildings. Australia This segment brings together the company’s interests in the manufacture and distribution of building materials across Australia, which are grouped into the following segments: Building Products Australia includes: Laminex Australia is a manufacturer and distributor of decorative wood panels and laminate, particle board, fiberboard and other products. Iplex Australia is a manufacturer and supplier of pipeline systems servicing the water infrastructure, irrigation, telecommunications, plumbing, electrical, gas and civil construction sectors. Rocla manufactures concrete infrastructure products for civil contractors, developers, local governments, water and other authorities. Fletcher Insulation is an insulation manufacturer, with facilities in Melbourne and Sydney supplying Pink Batts insulation, Sisalation foil and Permastop building blanket to residential, commercial and industrial markets. Distribution Australia comprises the following: Tradelink, a plumbing merchant with approximately 230 stores nationwide, and specializes in the supply of products to the residential and commercial sectors. Tasman Sinkware, manufacturer of the Oliveri brand, is an Adelaide-based sink manufacturer and master distributor. Steel Australia comprises Stramit, which supplies steel roof and wall cladding, guttering, fascia, purlins, flooring, structural formwork, insulated panels and sheds to the residential and commercial building markets. Formica and Roof Tile Formica is a major provider of branded, designed surfacing solutions in North America, Europe, and Asia, while Roof Tile Group manufactures metal roof tiles, under the Gerard and Decra brands worldwide. Formica North America has two manufacturing sites and seven distribution centers. Formica Asia sells high pressure laminate and Compact through four manufacturing sites and two distribution centres and 13 branches. Formica Europe has presence across the region through five manufacturing sites and two distribution centers and a European sales team supported by a local office network. Homapal provides metallic and decorative laminates used in furniture and public settings, such as hotels and showrooms. It supplies Germany, Austria and Switzerland directly; and Formica and Laminex globally and also operates through a network of independent third party distributors. Roof Tile Group supplies pressed metal roof tiles in North America, Europe, New Zealand, Africa and Asia. Strategy Key elements of the company's strategy are to increase the engagement and capability of its people to deliver results for its customers; introduce a simpler and leaner decentralized operating model; increase its focus on innovation; seek disciplined performance improvements in safety, sustainability, procurement and its operations; and fill gaps in its portfolio or move into adjacent categories both organically and through acquisition. History Fletcher Building Limited was founded in 1981.