Opus International lifts first-half profit as NZ gains offset rest-of-world losses

Mon, 14 Aug 2017

By Jonathan Underhill Aug. 14 (BusinessDesk) - Opus International Consultants, whose shares soared today on a takeover offer at an 87 percent premium, posted an improved first-half profit as a gain in Australia and New Zealand made up for losses in other regions. Adjusted net profit rose to $6.2 million in the six months ended June 30, from $900,000 a year earlier, the Wellington-based company said in a statement. Sales fell to $226.8 million from $236.7 million. A regional breakdown of Opus's earnings show operating earnings before in...

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