LEI 1.67% $20.71 leighton holdings limited

News: Leighton 1H profit turnaround

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    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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