Opus International first-half profit rises 6% on Canada contribution

Mon, 18 Aug 2014

By Jonathan Underhill Aug. 18 (BusinessDesk) - Opus International Consultants, the engineering firm, reported a 6 percent gain in first-half profit, reflecting the contribution from the Stewart Weir business acquired in 2013, which drove a jump in earnings in Canada. Profit rose to $9.9 million in the six months ended June 30, from $9.4 million a year earlier, the Wellington-based company said in a statement. Revenue jumped 25 percent to $265 million million. The shares fell 6.6 percent to $1.70 after the results, which were just shy of...

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