PROJECT management and engineering group Coffey International Limited has reported a 81.8% jump in net profit to $15.3 million for FY08.
The result was backed by the company’s revenue which was up by 54% to $558.6 million.
Coffey’s managing director Roger Olds said in the 2008 financial year, the company delivered a great deal.
“We continued our strategy to diversify our services, geographies and sectors to support an ongoing high rate of growth and to provide a buffer against a downturn in any one area. Today, we are a robust and flexible company operating across the full lifecycle of infrastructure development,” he added.
The directors have declared a fully franked final dividend of 9 cents per share, resulting in a total dividend for FY08 of 16 cents per share.
Australian Property Journal
