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Incitec Pivot Posts Drop In H1 Profit, Declares Dividend

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Incitec Pivot Annual Profit Down 24%
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Incitec Pivot Ltd (OTC: ICPVY) reported a drop in its first-half profit.

Incitec Pivot's net profit for the period fell 13% to A$143.5 million (US$143.6 million), versus A$165.6 million, in the year-earlier period. Its sales climbed 8.7% to A$1.55 billion.

Incitec Pivot declared an interim dividend of 3.3 cents per share.

Its earnings at the explosives business before interest and tax climbed 21% y/y to A$177.5 million.

Posted-In: profitEarnings News

 

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