Leighton lifts first-quarter profit

Construction giant attributes rise to infrastructure, gas construction results.

Construction giant Leighton Holdings (LEI) has lifted net profit after tax by 24% in the first quarter of 2014 following strong performances in its infrastructure and gas construction divisions.

Net profit lifted to $152 million in the three months to March 31 as Leighton also focused on expanding its margins.

Underlying net profit rose by 29% to $159m in the quarter, compared with the previous corresponding period.

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