Construction and engineering firm, CIMIC Group
(ASX:CIM) has reported its net profit after tax (NPAT) rose about 11 per cent on 2017 to $781 million for the 2018 full year.
The result was at the top end of the company's guidance.
Its revenue strengthened over the 2018, and lifted 9 per cent on last year to $14.7 billion.
Earnings (EBITDA) increased over 12 per cent on the prior year, to $1.5 billion.
The company declared a final dividend of 86 cents per share up 15 per cent on the previous year.
CIMIC Group has forecast a further rise in earnings for 2019 attributing the growth to a pipeline of new projects.
Shares in CIMIC Group
(ASX:CIM) closed 0.17 per cent lower to $45.90.
