Incitec Pivot Limited (ASX:IPL) produces and distributes fertilisers and explosives. IPL has operations throughout the United States, Canada, Mexico and Australia.
ASX 200 stock Incitec Pivot has delivered a strong annual profit, slightly beating market forecast.
Incitec recorded a 13% lift in net profit, which it contributes to the second half rise in fertiliser prices and demand for explosives.
The company declared an 8.2 cent dividend, compared to 6 cents the same time last year.
Written by: admin Other posts from: admin
Posted in ASX Top 200 XJO, ASX Top 500 All Ordinaries, Financial News, Market Sectors News, Materials Stocks, S&P ASX News