Advertisement

Adelaide Brighton posts record results

Strong building activity on the east coast has helped boost profits to record levels for South Australian-based cement and lime manufacturer Adelaide Brighton.

Feb 25, 2016, updated Aug 29, 2019

The group lifted its net profit for calendar 2015 by 20.4 per cent to a record $207.8 million.

Shareholders will receive a fully franked special dividend of 4.0 cents on top of a final dividend of 11 cents, up 1.5 cents from 2014.

Adelaide Brighton said it had benefited from strong east coast residential construction markets, property sales and the full year contribution from recent acquisitions.

AAP

Local News Matters
Advertisement
Copyright © 2024 InDaily.
All rights reserved.