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Fletcher Building Settles Puhoi to Warkworth Motorway Claims; $56M in Cash Proceeds Expected in FY25

Fri 20 Jun 25, 01:05 AM | Team Kalkine

 

Fletcher Construction JV with Acciona reaches settlement over COVID-19 and weather-related delays on the Puhoi to Warkworth (P2W) project.

The group will receive ~$56 million in FY25 but expects to record a ~$16.4 million loss on claims receivable.

Final project outcome remains subject to insurance negotiations and resolution of other minor issues.

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