Leighton increases FY profit

Group eyes improved profitability through margin expansion in year ahead.

Leighton Holdings (LEI) says it will pursue margin expansion initiatives in the year ahead, but expects flat top-line growth, as it pushes to improve on a tidy lift in net profit for 2013.

In the full year to December 31, Leighton posted a net profit of $508.7 million, a 13% increase on the $450.1 million recorded in the previous year.

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