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Campbell Brothers Ltd (ASX:CPB) has forecast growth ahead after posting a 75 per cent jump in net profit to $132.35 million in the 2011 financial year.
The mineral testing and consulting company says the result was underpinned by a 34 per cent rise in revenue to $1.1 billion.
The ALS Minerals division made the largest contribution to group revenue with a 63 per cent improvement in revenue, driven by demand for analytical testing services.
Campbell Brothers says it has achieved a record result that is a reflection of the company’s global expansion and diversification strategy.
A final dividend of $0.75 per share, 50 per cent franked, has been declared.
In the second half of its 2011 financial year Campbell Brothers booked a net profit of $66.2 million for the six months to 30 September 2010.
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