Fletcher Building (NZE:FBU, ASX:FBU) said meaningful recovery in its quarterly volumes will not flow into its businesses until fiscal 2027, as the gains are yet to be sustained and not enough to offset impact of earlier losses, according to a Tuesday filing with the Australian and New Zealand bourses.

The company's quarterly volumes for its residential unit fell past 24% from a year earlier, while volumes rose 4.8% for its distribution unit and mostly increased across its heavy building materials, and light building products units, per the filing.