tiprankstipranks
Fletcher Building Tackles WA Plumbing Issues with Industry Response
Company Announcements

Fletcher Building Tackles WA Plumbing Issues with Industry Response

Fletcher Building Limited (FRCEF) has released an update.

Don't Miss our Black Friday Offers:

Fletcher Building Limited’s subsidiary, Iplex Pipelines Australia, has finalized an Industry Response plan with the Western Australian Government to address plumbing failures in homes using Typlex Pro-Fit pipes. The plan includes a funded work program for participating builders and offers leak detection units to affected homeowners at no cost. Despite some builders not participating, the initiative aims to ensure comprehensive remediation efforts, with significant financial provisions expected in Iplex’s FY25 financial statements.

For further insights into FRCEF stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskFletcher Building Discloses CFO’s Financial Interests
TipRanks Australian Auto-Generated NewsdeskFletcher Building’s Transparency: Disclosure on Executive Shares
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App