CSR first-half profit lifts

Group reaffirms guidance at upper end of forecasts, revenue lifts slightly.

CSR (CSR) has reaffirmed guidance at the upper end of forecasts, assuming no significant deterioration in construction volumes or in Australian dollar aluminium prices, after posting a jump in half-year net profit.

The group's net profit after tax was $36.2 million in the six months to September 30, a 92% increase compared with a restated $18.9 million in the previous corresponding period.

Trading revenue was $877.1 million, a 2% increase compared with $859.8 million in the previous corresponding period. 

CSR will pay an interim unfranked dividend of five cents per share.