New Zealand Professional Investment Services Firm, Forsyth Barr

Forsyth Barr

New Zealand Professional Investment Services Firm

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

Thematic (Sector/Industry)

<ul><li>September quarter ready-mix concrete (RMC) production highlighted that while NZ construction activity is still robust there are signs of slowing, particularly in Auckland</li><li>Underlying Q3 volumes dragged down by Auckland slowdown </li><li>Construction pipelines still looking solid</li></ul>

September quarter ready-mix concrete (RMC) production highlighted that while NZ construction activity is still robust there are signs of slowing, particularly in AucklandUnderlying Q3 volumes dragged down by Auckland slowdown Construction pipelines still looking solid

Building Sector: Ready-Mix Concrete — Solid For Now

<ul><li>New Zealand: Solid 1Q for Vulcan Steel; Construction costs still rising; Fletcher Building launches low CO2 cement</li><li>Australia: Stockland residential sales rates decline; Weather and inflation hit Adbri</li><li>International: China’s building season – a flop so far; Chinese banks pledge enhanced support for economy as Xi calls for growth</li></ul>

New Zealand: Solid 1Q for Vulcan Steel; Construction costs still rising; Fletcher Building launches low CO2 cementAustralia: Stockland residential sales rates decline; Weather and inflation hit AdbriInternational: China’s building season – a flop so far; Chinese banks pledge enhanced support for economy as Xi calls for growth

<ul><li>New Zealand: Residential consents tick higher but likely more noise than signal</li><li>Australia: Single biggest monthly house price drop since 1983; Construction activity continues to slide</li><li>International: House prices tick higher; Home sales continue to decline</li></ul>

New Zealand: Residential consents tick higher but likely more noise than signalAustralia: Single biggest monthly house price drop since 1983; Construction activity continues to slideInternational: House prices tick higher; Home sales continue to decline

<ul><li>New Zealand: Resi slowdown drags down construction forecasts</li><li>Australia: Australian outlook comments robust despite softening residential</li><li>International: Millions of empty flats threatens to plunge China’s troubled property market further into crisis</li></ul>

New Zealand: Resi slowdown drags down construction forecastsAustralia: Australian outlook comments robust despite softening residentialInternational: Millions of empty flats threatens to plunge China’s troubled property market further into crisis

<ul><li>June quarter ready-mix concrete (RMC) production suggests that while NZ construction activity remains at robust levels nationally some regions have rolled over the peak</li><li>Solid 2Q22 volumes but some regions rolling over the peak</li><li>RMC production is the first NZ construction indicator for 2Q CY22, and including cement and aggregates a significant exposure for Fletcher Building (FBU).</li></ul>

June quarter ready-mix concrete (RMC) production suggests that while NZ construction activity remains at robust levels nationally some regions have rolled over the peakSolid 2Q22 volumes but some regions rolling over the peakRMC production is the first NZ construction indicator for 2Q CY22, and including cement and aggregates a significant exposure for Fletcher Building (FBU).

Building Sector: Ready-Mix Concrete — First Cracks Appearing?

Australia

Fletcher Building Limited manufactures, distributes, and sells materials for the building industry including wood fiber-based products, cement and aggregates, plasterboard, laminates, lumber, and aluminium extrusion. The Company operates primarily in New Zealand and Australia.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Fletcher Building (FBU AU)

Building Sector: Ready-Mix Concrete — Solid For Now

September quarter ready-mix concrete (RMC) production highlighted that while NZ construction activity is still robust there are signs of slowing,...

Forsyth Barr

Building Weekly (21-Oct-2022)

New Zealand: Solid 1Q for Vulcan Steel; Construction costs still rising; Cost of building homes still stoking annual inflation; Mortgage rates rise...

Forsyth Barr

Building Weekly (02-Sept-2022)

Residential consents tick higher but likely more noise than signal; Residential construction intentions bounce off the floor but still deeply negative

Forsyth Barr

Building Weekly (26-Aug-2022)

Construction spending forecast to fall -18% to NZ$42bn by 2027, primarily driven by forecast resi construction down -36% (c.-NZ$11bn) while non...

Forsyth Barr

Building Sector: Ready-Mix Concrete — First Cracks Appearing?

June quarter ready-mix concrete (RMC) production suggests that while NZ construction activity remains at robust levels nationally some regions have...

Forsyth Barr

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)