Lendlease profit up 4.5 per cent

Company News

by Rachael Jones

Lendlease (ASX:LLC) has reported an profit after tax of $792.8 million for the full year, that’s up 4.5 per cent, up from $758.6 million for the same period last year.

Revenue dropped 0.6 per cent on the prior corresponding period to $16.6 billion.

Group EBITDA 2018- $1.420 billion up from last year’s figure of $1.386 billion.

The company says results were driven by strong performance across both the Development and Investments segments.
Final dividend distribution is 35 cents– payable 21 September 2018.

Shares in Lendlease (ASX:LLC) closed 1.39 per cent lower to $20.63
 

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