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| Leighton announces 3q profit of $400m and $37.5bn of work in hand Australian builder Leighton announced a profit after tax (unaudited) of $400m for the nine months to 31 March 2010 (versus $220m last year) from revenue of $13.3bn (versus $13.7bn last year). On an equivalent exchange rate basis to March 2009, the revenue would have been $790m higher and also profit after tax would have been $27m higher. “Work in hand at 31 March 2010 stood at $37.5bn which was negatively impacted by $3.6 bn from exchange rate effects, up from $36.5bn at the same time last year. New contracts and variations awarded during the March quarter totalled $2.5bn. Since March 2010, an additional $1.8bn of work has been won and the Group is in a preferred position on over $6bn of projects which should be awarded in the next few months, ” Leighton Holdings' Chief Executive, Mr Wal King said. write your comments about the article :: © 2010 Construction News :: home page |