Construction firm CIMIC maintains guidance

The construction giant, formerly known as Leighton Holdings, has posted a 25 per cent jump in net profit for the nine months to September.

Construction giant CIMIC says it remains on track to meet its full year profit forecasts.

The company, formerly known as Leighton Holdings, has posted a 25 per cent jump in net profit from continuing operations for the nine months to September, to $393 million.

CIMIC confirmed it expects to achieve its full year net profit guidance in the range of $450 million to $520 million.

The company also appointed current chief operating officer Adolfo Valderas as the deputy chief executive of the company.