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Lendlease Group Bounces Back with $48M Profit, Eyes Major Asset Sales
7:43am on Monday 2nd of June, 2025 AEST
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Real Estate
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Lendlease Group Bounces Back with $48M Profit, Eyes Major Asset Sales
7:43am on Monday 2nd of June, 2025 AEST
Key Points
Statutory profit after tax of $48 million, up from a $136 million loss
Revenue declined 8% to $4.527 billion amid segment shifts
Interim distribution of 6.0 cents per unit declared, payable March 2025
Sale of Capella Capital agreed for $235 million, pending approvals
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