The fertiliser and mining explosive group reported a 14% lift in earnings before interest and tax to $193.1million for the six months ended March 31.
Chief executive James Fazzino told The Age the result confirmed the strength of the company's strategic focus to tap into the urbanisation of China and the shale gas revolution in the US.
The group’s Business Excellence programs brought $13 million in benefits during the half, taking total benefits from the program to $52 million since it started three years ago.
“We are focused on optimising the performance of Incitec Pivot's existing manufacturing assets, lifting productivity and concentrating on costs”, Fazzino said in a statement.
