Opus profit double

Chairman Kerry McDonald. Photo / Dean Purcell

Opus International Consultants has reported an interim net profit after tax of $10.4 million, double the $5.1 million profit last year.

Earnings before interest and tax (ebit) of $15.5 million in the six months to June 30 were up from $7.4 million last year.

A breakdown showed Australia contributed $1.4 million, Canada $200,000, New Zealand $13.6 million and the UK $200,000 to the ebit.

The company is paying an interim dividend of 3.4c per share on September 30.

Chairman Kerry McDonald said David Prentice would become chief executive when Kevin Thompson retired from the role on October 1.

Dr Prentice is director of Opus in the UK, based in Bristol.

- NZPA