Building Operations Impacted by Auckland Electricity Failure

Fletcher Building Operations Impacted by Auckland Electricity Failure

Auckland, 6 October 2014

Fletcher Building advises that an electricity outage in the Auckland area which occurred early on Sunday 5 October has caused disruption to its Auckland operations.

Supply of electricity has been disrupted due to a fire at an electrical substation, and this has impacted a number of the company’s manufacturing and distribution facilities in the eastern suburbs of Auckland.

The company has decided not to operate a number of sites in the affected areas today in light of the disruption caused to the sites and the potential risk to staff travelling in the affected areas. Individual business units within Fletcher Building are developing plans to recommence operations based on site-specific needs. There remains uncertainty as when reliable electricity supply will be fully restored, and this will impact on the pace with which businesses return to normal operations.

Fletcher Building is working to minimise the impact to its customers.

At this stage the company does not expect that the power outage will have a material impact on its results for the 2015 financial year.

ENDS

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