Leighton 1H profit turnaround

Company News


Leighton Holdings Limited (ASX:LEI) has delivered a net profit of $366 million, a significant turnaround on the previous corresponding period.
 
Underlying net profit grew 122 per cent on the same period last year to $255 million.
 
Revenue in the period grew 4 per cent to $11.5 billion. 
 
Leighton chief executive Hamish Tyrwhitt says the group is on track to deliver a full-year underlying net profit within the previous guidance range of $520 to $600 million, subject current market conditions.
 
The company declared a partially-franked interim dividend of 45 cents.

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