GWA Group Limited
(ASX:GWA) has announced a 15 per cent increase in net profit to $51.9 million.
Revenue was up three per cent with a final dividend of 8 cents per share fully franked declared.
GWA says it has it has strengthened its financial position by reducing debt by seven per cent, leaving it with plenty of financial flexibility.
The company also said it was happy with the launch of its Caroma Cleanflush offering and it had further reduced its cost base and improved its supply chain.