Highlights

Fletcher Building's strength lies in its diversity. Through a vertically integrated value chain, our 40 businesses deliver a diverse range of building products and construction materials.

From our strong Australasian base, we operate in a diverse range of geographies - Asia, the Americas, Europe, and the South Pacific.

We harness the skills and experience of a diverse international workforce of 16,000, drawing them together through a culture that encourages people to help each other succeed, and achieve excellence.

Our diversity has allowed us to find opportunities despite the subdued global economic climate. In a world of continuing uncertainty, that diversity means we are well placed to respond to emerging areas of growth.

Chairman's review

Chief Executive's review

Divisional reviews

Environment and Society

$301m

Net earnings after tax before unusual items, on revenues of $6.8 billion. Operating earnings (earnings before interest and tax) before unusual items were $521 million compared with $558 million in the previous year.

$522m

Cashflow from operations. Ongoing focus on tight working capital management and a reduction in capital expenditure resulted in strong operating cashflow from operations.

53%

Reduction in Total Recordable Injury Frequency Rate per million hours (TRIFR) which this year was 11.24 compared with 23.79 in 2009. Lost time injury frequency rate (LTIFR) was 3.42, compared with 5.81 in 2009.

29c per share

Dividend for the 2010 financial year, with a final dividend of 15 cents per share.