News: InvoCare results boosted by acquisition

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InvoCare Limited (ASX:IVC) has posted a half year net profit of $15.4 million, an increase of 5.1 per cent.



The largest private funeral, cemetery and crematorium operator in the Asia Pacific saw revenues increase 5.8 per cent over the half. Sales results were boosted by the acquisition of Bledisloe Funeral Directors on June 15.



Chief executive Andrew Smith said the company remains well positioned, and growing the business will be its main focus in the new financial year.



InvoCare will pay a fully franked interim dividend of 13.5 cents.