Fulton Hogan lifts first-half pre-tax profit 13%, fattens order book

Tue, 28 Mar 2017

By Paul McBeth March 28 (BusinessDesk) - Fulton Hogan, the privately-held civil construction firm, lifted first-half pre-tax earnings 13 percent as its New Zealand and Fiji operations tracked ahead of expectations, and beefed up its forward order book with some big wins in the period. Profit before tax rose to $112 million in the six months ended Dec. 31 on revenue of $1.6 billion, the Christchurch-based company said in a statement. Managing director Nick Miller, who leaves at the end of March, said earnings were on track to deliver agai...

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