Lendlease Group

(LLESF)

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Profile

Lendlease is a globally diversified property and infrastructure group with three segments: development, investment management, and construction. Approximately two thirds of earnings are sourced from Australia but a large offshore pipeline means earnings will increasingly depend on overseas projects. The strategic intent is to generate high returns on equity of 10%-14% by increasing the use of third-party capital on major development projects and vertically integrating. The new business model is designed to generate multiple income earnings streams from a single development project. In early 2019, Lendlease decided to exit or sell its Australian engineering and services business. Large losses on legacy projects could see the firm generate little value or even a loss on a trade sale.

Contact Information

Website: www.lendlease.com
Main Phone: +61 292366111
Address: Level 14, Tower Three, 300 Barangaroo Avenue
Address 2: International Towers Sydney, Exchange Place
State: NSW
City / Town: Sydney
Country: AUS
Postal Code: 2000

Issuer Information

Exchange: OTO
Employees: 12000

Equities News

Profile

Lendlease is a globally diversified property and infrastructure group with three segments: development, investment management, and construction. Approximately two thirds of earnings are sourced from Australia but a large offshore pipeline means earnings will increasingly depend on overseas projects. The strategic intent is to generate high returns on equity of 10%-14% by increasing the use of third-party capital on major development projects and vertically integrating. The new business model is designed to generate multiple income earnings streams from a single development project. In early 2019, Lendlease decided to exit or sell its Australian engineering and services business. Large losses on legacy projects could see the firm generate little value or even a loss on a trade sale.

Contact Information

Website: www.lendlease.com
Main Phone: +61 292366111
Address: Level 14, Tower Three, 300 Barangaroo Avenue
Address 2: International Towers Sydney, Exchange Place
State: NSW
City / Town: Sydney
Country: AUS
Postal Code: 2000

Issuer Information

Exchange: OTO
Employees: 12000

Equities News

$ 7.29 $ 0. (0.00%)
Last Price 7.29 Change $ 0. Change % 0.00 Tick N/A
Bid N/A Bid Size 0.00 Ask N/A Ask Size 0.00
Open N/A High N/A Low N/A Prev Close 7.29
Last Trade Volume 0 52 Wk Hi 13.45 52 Wk Low 6.62
Market Cap 5 bi Ex-Div Date Div Rate 0.17 Yield 2.3800
Shares 688,267,587.00 EPS (TTM) 0.41 PE Ratio 7.60 Exchange OTCPK