Lendlease sees profits plummet
25 February 2019
Australian construction company Lendlease is looking at its options after the group’s first-half profit fell 96.3%, to AU$15.7 million (US$11.24 million).
Revenue for the Sydney-based company fell 11% during the six-month period, from AU$8.7 billion (US$6.23 billion) to AU$7.68 (US$5.5 billion).
Lendlease’s CEO and managing director,…