DuluxGroup Limited
(ASX:DLX) has reported a 9.3 per cent jump in first half net profit.
NPAT of $61.4 million was up from $56.1 million last year. Statutory NPAT was down 17.5 per cent to $49.5 million due to restructuring costs and the the building of a paint factory in Melbourne and a distribution centre in NSW.
Sales revenue was up 4 per cent on strong performance from the core Paints and Coatings business.
DuluxGroup declared an interim dividend of 11 cents per share fully franked, up 10 per cent on last year.
