{"id":162583,"date":"2025-10-13T03:48:45","date_gmt":"2025-10-12T20:48:45","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fletcher-building-issues-gloomy-update-targets-further-100m-cost-cuts\/"},"modified":"2025-10-14T00:32:18","modified_gmt":"2025-10-13T17:32:18","slug":"fletcher-building-issues-gloomy-update-targets-further-100m-cost-cuts","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fletcher-building-issues-gloomy-update-targets-further-100m-cost-cuts\/","title":{"rendered":"Fletcher Building issues gloomy update, targets further $100m cost cuts"},"content":{"rendered":"<p>&#013;<br \/>\n&#8216;Further declines in trading volumes and ongoing pressure on margins&#8217; &#8211; Andrew Reding.&#013;<br \/>\n&#013;<br \/>\nSource : nzherald.co.nz\/Property&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.nzherald.co.nz\/property\/fletcher-building-issues-gloomy-update-targets-further-100m-cost-cuts\/6ECVGBPBWFDYDGVQOU4YAN4FNQ\/\" target=\"_blank\" rel=\"noopener\">Fletcher Building issues gloomy update, targets further 0m cost cuts<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; &#8216;Further declines in trading volumes and ongoing pressure on margins&#8217; &#8211; Andrew Reding.&#013; &#013; Source&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-162583","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-Gij","jetpack-related-posts":[{"id":170582,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fletcher-building-cuts-308-corporate-jobs-update-on-fletcher-living-sale\/","url_meta":{"origin":162583,"position":0},"title":"Fletcher Building cuts 308 corporate jobs, update on Fletcher Living sale","date":"February 18, 2026","format":false,"excerpt":"\r 'Paying a lot of attention to corporate overheads and costs in the organisation': Reding.\r \r Source : nzherald.co.nz\/Property\r Read more...Fletcher Building cuts 308 corporate jobs, update on Fletcher Living sale","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172004,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fletcher-building-cuts-debt-with-450m-asset-sales\/","url_meta":{"origin":162583,"position":1},"title":"Fletcher Building cuts debt with $450m asset sales","date":"June 17, 2026","format":false,"excerpt":"\r Fletcher has told Moody\u2019s it is withdrawing from its credit rating process.\r \r Source : nzherald.co.nz\/Property\r Read more...Fletcher Building cuts debt with 0m asset sales","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":86519,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fletcher-building-to-reveal-staff-cuts-soon-ceo\/","url_meta":{"origin":162583,"position":2},"title":"Fletcher Building to reveal staff cuts soon: CEO","date":"April 26, 2018","format":false,"excerpt":"\r Fletcher Building will announce job losses in the coming weeks, following the disastrous $952 million of losses in its Building + Interiors unit due to major New Zealand construction project problems.Ross Taylor, chief executive,...\r \r Source : nzherald.co.nz\/Property\r Read more...Fletcher Building to reveal staff cuts soon: CEO","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119177,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fletcher-building-trading-update-earnings-up-80m-in-first-four-months-of-year\/","url_meta":{"origin":162583,"position":3},"title":"Fletcher Building trading update: earnings up $80m in first four months of year","date":"November 10, 2020","format":false,"excerpt":"\r Fletcher Building pushed earnings in the first four months of this financial year, releasing new financial information about its performance before this month's annual general meeting.In a trading update out today, the business...\r \r Source : nzherald.co.nz\/Property\r Read more...Fletcher Building trading update: earnings up m in first four months\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96459,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fletcher-building-in-red-posts-190m-loss-no-dividend-for-shareholders\/","url_meta":{"origin":162583,"position":4},"title":"Fletcher Building in red, posts $190m loss, no dividend for shareholders","date":"August 22, 2018","format":false,"excerpt":"\r Fletcher Building has made a $190 million loss, only the second time since listing on the NZX in 2001 that it slipped into the red, shareholders will get no dividends for the full year and no trading update has been provided.The...\r \r Source : nzherald.co.nz\/Property\r Read more...Fletcher Building in\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111806,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/convention-centre-fire-fletcher-and-skycity-to-front-up-and-provide-updates\/","url_meta":{"origin":162583,"position":5},"title":"Convention Centre Fire: Fletcher and SkyCity to front up and provide updates","date":"October 23, 2019","format":false,"excerpt":"\r SkyCity Entertainment Group and Fletcher Building chiefs will front at 10am today to update the situation on the convention centre fire and more information is expected to go to the NZX today too.The meeting on level nine of Chorus...\r \r Source : nzherald.co.nz\/Property\r Read more...Convention Centre Fire: Fletcher and\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/162583"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=162583"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/162583\/revisions"}],"predecessor-version":[{"id":162584,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/162583\/revisions\/162584"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=162583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=162583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=162583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}