GWA’s net profit up 7 per cent

Company News

by Anna Napoli

Building fixtures company GWA Group (ASX:GWA) has reported its net profit rose by 7 per cent to $28 million for the half year ended December 2017.

The company’s revenue increased 2 per cent on the prior year to $227 million.

Earnings (EBIT) were also up 6 per cent on the previous year to $42 million.

The company declared an interim dividend of 8.5 cent per share fully franked.

Shares in GWA (ASX:GWA ) are trading 12.5 per cent higher to $3.06

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.