No doubt chief executive Ross Taylor will be hoping he's at the start of an upward trend.
Ross Taylor joined Fletcher Building as CEO on 22 November 2017.
In the past week, Fletcher Building chief executive Ross Taylor had to move house - and not because he wanted to.
Fletcher Building chief executive Ross Taylor said the business is now under better control and has experienced teams becoming free to manage the work as it completed its current projects.
The chief cause was a $660m loss in its building and interiors division, but chief executive Ross Taylor said the company was well on the way to finishing those projects off, after which it plans to exit the vertical construction market.
"FY19 was an important transition year for the company and we made significant progress on our five-year strategy," Fletcher Building chief executive Ross Taylor said in a statement.
Fletcher Building chief executive Ross Taylor indicated the company would make a decision on whether to get back into the big building business at the end of the company's current June financial year, but that the company's interest in getting back involved had been "piqued" by industry developments.
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