Fleet management company Eclipx Group (ASX:ECX) has announced its net profit was up 23 per cent on first half 17 to $39 million for the first half 2018.
In more good news for the company, its net operating income strengthened over the period, and lifted 39 per cent to $159 million.
Its cash earnings per share increased by 4 per cent on the prior corresponding period, to 12.3 cents.
The company declared an interim dividend of 8 cents per share fully franked.
Eclipx has reaffirmed its full year guidance for 27-30 per cent growth in net profit.
Shares in Eclipx (ASX:ECX) closed 0.9 higher to $3.36 yesterday.