Leighton increases FY profit
- {{x.value}}
{{ twilioFailed ? 'SMS Code Failed to Send…' : 'Enter verification code' }}
{{ completedStep1 ? 'Authentication & Security' : content.trialHeading.replace('{0}', user.FirstName) }}
{{ content.upgradeHeading.replace('{0}', user.FirstName) }}
The email address you entered is registered with InvestSMART
Please login to continue
We have sent you an email with the details of your registration.
Looks you are already a member. Please enter your password to proceed
{{ upgradeCTAText }}
Updating information
Please wait ...
Your membership to InvestSMART Group recently failed to renew.
Please make sure your payment details are up to date to continue your membership.
Having trouble renewing?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
You've recently updated your payment details.
It may take a few minutes to update your subscription details, during this time you will not be able to view locked content.
If you are still having trouble viewing content after 10 minutes, try logging out of your account and logging back in.
Still having trouble viewing content?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
Please click on the ACTIVATE button to activate your Intelligent Investor 15-day free trial
Please click on the ACTIVATE button to finalise your membership
Unsuccessful registration
Registration for this event is available only to Eureka Report members. View our membership page for more information.
Registration for this event is available only to Intelligent Investor members. View our membership page for more information.
- You are already registered for this event.
- This event is already full.
- Please select a quantity for at least one ticket.
- {{ i }}
Forgotten password
Please enter your email address below to request a new password
- Verify your email address by clicking on the link we sent to {{user.Email}}
- You now have free access, we look forward to helping you on your financial journey.
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.
In the same period Leighton's total revenue was $22.564 billion, an 8% increase on the $20.830 billion posted in 2012.
The group will pay a half-franked final dividend of 60 cents on April 4 to shareholders on the register at March 21.
The final dividend will bring Leighton's total dividend to $1.05, which is 50% franked.
Leighton said it will pursue improved profitability driven by margin expansion initiatives, as top line growth is not anticipated amid the current tough market.
The group expects fiscal 2014 underlying net profit in the range of $540 million to $620 million, with gearing seen between the new range of 20% to 35%.