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How Did Lendlease Achieve a 44% Distribution Boost Amid Turnaround?
9:03am on Monday 18th of August, 2025 AEST
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Real Estate
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How Did Lendlease Achieve a 44% Distribution Boost Amid Turnaround?
9:03am on Monday 18th of August, 2025 AEST
Key Points
Statutory profit after tax of $225 million, operating profit after tax of $386 million
$2.5 billion capital recycling completed or announced, targeting $2 billion more in FY26
Distribution increased 44% with fully franked dividend, payout ratio at 41%
Net debt reduced to $3.4 billion, gearing at 26.6%, targeting below 15% by FY26
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