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Steel Financial Summary
Steel FY18 Revenue Weighted Sector Exposure
Year ended 30 June
2018 NZ$m
2017 NZ$m
Change NZ$m
Change %
26%
Gross revenue
532
491
41
8%
37%
External revenue
411
378
33
9%
49
54
(5)
(9%)
EBIT before significant items 1
Funds
184
184
0
0%
Trading cashflow
55
35
20
57%
37%
1 EBIT before significant items is a non-GAAP measure used by management to assess the performance of the business and has been derived from Fletcher Building Limited’s financial statements for the year ended 30 June 2018.
Residential Non-residential Infrastructure/other
Easysteel
Fletcher Reinforcing
Fletcher Reinforcing
27 Fletcher Building Limited Annual Report 2018
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