Nov 12 (Reuters) - Australia's Incitec Pivot IPL.AX on Tuesday posted a 26.7% drop in annual profit, hurt by a flood and rail outage in the Queensland state and higher gas costs.
The fertiliser and explosives producer reported net profit after tax of A$152.4 million ($104.20 million), compared with A$207.9 million a year ago.
The company also declared a final dividend of 3.4 Aussie cents per share. ($1 = 1.4588 Australian dollars)