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Leighton Holdings Limited (ASX:LEI) is expecting to report stronger operational performance for the second half of last year, thanks to improved earnings and good performance of the Airport Link and Victorian Desalination Project.
Underlying profit after tax is expected to be approximately $270 million, and net profit after tax to be $340 million.
Chief executive Hamish Tyrwhitt says major projects are on track and are making good progress.
Leighton will report its profit results for the six month financial year to December 2011 on February 13.
Leighton Holdings booked a net loss of $406 million in the 2011 financial year.
