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Leighton announces record profit

Leighton Holdings Ltd, Australia's biggest construction company, announced a 39% increase in profit after tax and minorities to $612m ($440m last year) and a pre-tax profit of $843m for the 2010 financial year. The return on shareholders' funds averaged 25% for the year with a record net operating cash flow of $1.7 billion.

A fully franked final dividend of 85 cents per share was also announced by the directors bringing the 2010 full year ordinary dividend to a total of 150 cents per share (up 30% from 115 cents per share last year).



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