Fletcher Building says it's in a good spot to weather any more possible storms of Covid-19

The company's signalling a $196 million net loss for the financial year to June 30, mostly due to the virus.

CEO Ross Taylor says Covid-19's long-term impacts are uncertain.

But he says operating cash flows are expected to be up on last year at 410 million, and a strong balance sheet is intact, with net debt around 500 million and liquidity at 1.6 billion.