Incitec Pivot Launches New Business Unit for Segment Reporting

MT Newswires Live
28 Mar

Incitec Pivot (ASX:IPL) introduced a new Dyno Nobel EMEA & LATAM business unit for segment reporting ahead of the release of its fiscal half-year results in May, according to a Friday filing with the Australian bourse.

The segment will include French industrial explosives manufacturer Titanobel, Turkish explosives supplier Nitromak, Latin American businesses, and South African joint ventures, the filing said.

The business unit will be disclosed separately in the fiscal first-half report, with comparative results restated for the segment moving forward, per the filing.

Shares fell 2% in midday trade Friday.

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