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Renovations drive profit growth for Dulux

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May 17, 2018

DuluxGroup's half year profit has grown nine per cent to $79.2 million.

DuluxGroup has lifted first-half profit nine per cent to $79.2 million.

The paint manufacturer says net profit for the six months ended 31 March rose thanks to a 4.2 per cent increase in sales revenue to $918.1 million.

The Australia and New Zealand business segments, which contributes approximately 70 per cent of group earnings, lifted revenue 5.7 per cent due to sales growth and what the company said was effective management of raw material costs.

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