H1 Toll profit falls slightly

Company News

Toll Holdings Limited (ASX:TOL) has not provided full year guidance, having reported a four per cent fall in net profit for the first half.

Sales revenue of $4.4 billion was up 5 per cent. The company will pay an interim fully franked dividend of 11.5 cents.

Managing director Brian Kruger says the company’s exposure to the resources sector and faster growing markets in Asia has helped offset the difficult conditions in Australian retail and manufacturing.

Toll reported a net profit of $161 million for the half year to December 31.


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