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BRIEF-Incitec Pivot says FY net profit up 61.3 pct to A$398.6 mln

Published 10/11/2015, 08:41 am
Updated 10/11/2015, 08:50 am
© Reuters. BRIEF-Incitec Pivot says FY net profit up 61.3 pct to A$398.6 mln
IPL
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Nov 10 (Reuters) - Incitec Pivot Ltd IPL.AX :

* Preliminary final report IPL.AX

* FY net profit for the financial year attributable to members of Incitec Pivot Limited up 61.3% to A$398.6 million

* Final dividend of 7.40 cents per share

* FY revenues from ordinary activities up 8.7% A$3.64 billion

* Says bex will continue to deliver benefits in 2016

* Says corporate costs for 2016 are expected to remain in the range of $22M to $24M

* Says full year 2016 capital expenditure is expected to be $us216m

* 2016 net borrowing costs are expected to be approximately $90M

* Says full year effective tax rate is expected to be approximately 22 to 24 percent

* Says market conditions in coal and m&m are expected to continue to be challenging in 2016

* Says ag&ic production volumes are expected to be in line with 2015

* Says dnap's earnings from Indonesia are expected to decline in 2016

* Expected that the challenging market conditions for the resources and agricultural industries would persist

* Source text for Eikon ID:nASX9yQF20

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