Opus International lifts first half profit on NZ efficiency gains

Tue, 18 Aug 2015

By Suze Metherell Aug. 18 (BusinessDesk) - Opus International Consultants, the listed engineering firm, lifted first-half profit 60 percent on efficiency gains after restructuring its New Zealand office. Net profit after tax rose to $15.9 million in the six months ended June 30, up from $9.9 million a year earlier, the Wellington-based firm said. Earnings before interest and tax rose 40 percent to $20 million while sales fell 3.9 percent to $255.9 million. Last year the company reduced its leadership team to eight from 12 as part of a res...

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