Lend Lease released their annual results today revealing a dramatic -80% reduction in operating earnings before tax with the second half significantly impacted by COVID19.

Lend Lease Earnings down -80%

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Lendlease Looks to Improving Conditions

Lendlease announced a statutory loss of $99m for FY22 but has seen conditions improve over the last 6 months with core operating profit rising to $248 million, up from $28 million in the first half.