Paint maker DuluxGroup expects to lift its profit this financial year after posting a healthy rise in annual earnings.

Dulux’s net profit rose 39.4 per cent to $104.528 million in the year to September 30, from $74.998 million. Including non-recurring items of $7.4 million, which were partly due to integration costs and an impairment charge relating to its business in China, the net profit result was $111.9 million, up…