Brickworks lifts FY profit

Manufacturer and developer forecasts improvement in building products division.

Brickworks (BKV) expects an improved result in its building products division in the coming year and says its property trust is seeing significant growth, after posting a lift in full-year profit.

The group increased net profit attributable to members 97% to $85.2 million in fiscal 2013, compared with $43.3 million in the prior year.

Revenue rose 9% to $606.5 million, compared with $556.9 million in the previous corresponding period. 

Brickworks will pay a dividend of 27 cents per share, fully franked.