Lend Lease Group
(ASX:LLC) has posted a net profit for the year to June 30 of just under $493 million. That’s 43 per cent higher than the year before.
The company says it’s had a successful year implementing strategy through key acquisitions in Australia and the United States.
Projects secured include the Queensland Children’s Hospital, a tertiary education project for the University of New South Wales, and government approval of the Barangaroo South Concept Plan amedment.
Lend Lease will pay a final distribution of 15 cents per security, unfranked, a full year distribution of 35 cents.
