Announcements     |   13 February 2002

Fletcher Building Limited Half Year Results for the Six Months to Dec 31 2001

Fletcher Building Limited achieved a substantial turnaround in performance in the six months to 31 December 2001 - its first complete half-year as a separately-listed company.

Net profit after tax and minority interests (and including unusual items) was $41 million, compared with a loss of the same amount in the six months to 31 December 2000 of $(41) million.  EBIT for the latest period was $78 million pre unusuals, compared with $37 million in the comparable period of 2000.

The Fletcher Building Interim Results Announcement is now available.