It's been another tough year for Fletcher Building. 

The construction giant's announced a net loss of $419 million, compared to a loss of $227 million last year. 

It's pondering selling its residential and development division and continues to consider offers for its construction division and other subsidiaries. 

Building Industry Federation CEO Julian Leys told Ryan Bridge Fletcher’s loss underscores the broader downturn they’re seeing across the whole sector. 

LISTEN ABOVE 

It's been another tough year for Fletcher Building.&nbsp;
The construction giant's announced a net loss of $419 million, compared to a loss of $227 million last year.&nbsp;
It's pondering selling its residential and development division and continues to consider offers for its construction division and other subsidiaries.&nbsp;
Building Industry Federation CEO Julian Leys told Ryan Bridge Fletcher’s loss underscores the broader downturn they’re seeing across the whole sector.&nbsp;
LISTEN ABOVE&nbsp;

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

Early Edition with Ryan Bridge

Julian Leys: Building Industry Federation CEO on Fletcher Building's financial loss

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/b3455448-2741-4b38-b338-b3400004dc6d/transcript