UPDATE 2.30pm: Engineering and project management consultant Lycopodium has eked out a one per cent growth in full-year profit to $22.5 million.
The result came on revenue of $246 million, up 6 per cent on the previous period.
The company will pay a final dividend of 21 cents fully franked, bringing its full-year dividend to 36 cents, up from 33 cents the year before.
Lycopodium said its full-year result reflected the peak in construction and commissioning activities across major projects and the strong demand for services across the group.
"However as previously advised, there are strong headwinds in our sector and the demand for Lycopodium's services in 2013/14 is anticipated to be lower than in the past two financial years," the company said.
Lycopodium said demand for its services would be affected by lower commodity prices, belt tightening by major mining companies, soft capital raising markets, a soft manufacturing sector and increasing competition between service providers.
The company gave full-year 2014 revenue guidance of $140-$170 million and net profit after tax of $11.4-$13.8 million.
Lycopodium shares closed up two cents, or 5.29 per cent, at $4.38.