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Home > Company Index > Conglomerates > Conglomerates > Fletcher Challenge Limited

Fletcher Challenge Limited
 PROFILE
Fletcher Challenge is used to operating in challenging environments. New Zealand's largest enterprise is made up of three separately traded units that operate in markets subject to cyclical downturns: building, forestry, and oil and gas exploration and production. The group has relied on its vertical integration -- Fletcher Challenge Forests helps supply Fletcher Challenge Building with the raw materials it needs. But Fletcher Challenge is restructuring: Fletcher Challenge Energy is being sold, and the other units will go forth as freestanding companies. A new company, Rubicon, is being formed to take over the forest unit's biotechnology and South American assets and help in the separation of the group.

 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 3,701.70
1-Yr. Sales Growth: (10.1)%
Employees: 14,000
Revenue per employee: $264,407.14

 KEY PEOPLE
• Michael J. Andrews
    CEO

 CONTACT INFO
Fletcher Challenge House
Auckland, New Zealand
Phone: 64-9-525-9000
Fax: 64-9-525-9023
Online: Web Site

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