InvoCare Limited’s
(ASX:IVC) net profit has jumped 65 per cent to $44.5 million in the 2012 financial and calender year.
The funeral provider’s result was aided by the contribution of Bledisloe which InvoCare aquired in 2011.
The company has since bought Geelong’s Tuckers Funerals and Bereavement Services at the end of 2012 and Auckland’s Resthaven Funerals earlier this month.
A final fully franked dividend of 19 cents per share has been declared, up from 16.25 cents the year before.
InvoCare says it expects to deliver sustained growth this year and beyond, sending shares 1.7 per cent higher on Tuesday to finish at $9.99.
