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ASX 200 Shares News: Incitec Pivot Limited (IPL)

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Publish date: Mon, 14 Nov 2011, 04:12 PM
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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.

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ASX 200 Shares News: Incitec Pivot Limited (IPL) is a post from: Australian Stock Report Share Tips

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