Fletcher Building Investor Presentation
Infrastructure Products
Result
NZ$M
June 2012
12 months
June 2013
12 months
% A
Sales
EBITDA
2,299
2,095
-9
302
312
+3
EBIT
209
222
+6
Cement,
69
73
Concrete Aggs
+6
Pipes +Products
61
67
+10
Iplex/ CCT
68
54
-21
Steel
11
28
+255
Funds Employed
1,974
1,841
-7
EBITDA/sales%
13.1
14.9
EBIT/sales %
9.1
10.6
ROFE %
10.6
12.1
27 Fletcher Building Investor Presentation | © October 2013
Cement, concrete & aggregates
New Zealand volumes improved:
-
Cement volumes up 4%
- Aggregates volumes up 6%
- Readymix volumes up 19%
Australian quarry volumes decreased by
15% in soft market.
Concrete pipes and products
Volumes down 9% in Australia and up 9%
in New Zealand.
Iplex
- Australian volumes down 4%, but
underpinned by CSG contracts
- New Zealand volumes up
Steel
Long steel volumes up 6% on improved
New Zealand demand. Distribution
earnings up due to business
improvement initiatives.View entire presentation