Learn To Invest
Stocks Special Reports LICs Credit Funds ETFs Tools SMSFs
Video Archive Article Archive
News Stocks Special Reports Funds ETFs Features SMSFs Learn

Company News Summary

Lendlease Group Provides FY 2020 Unaudited Results Update

01 Jul 2020  |  09:44:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: FY20 Unaudited Results Update

Lendlease Group provided a market update. It reported Core profit after tax expected to be in the range of $50m to $150m reflecting COVID-19 impacts across the Group. This includes the impact of reductions in investment valuations in H2 FY 2020 in the range of $130m - $160m after tax. The Engineering exit costs are of $550m pre-tax anticipated, with $525m pre-tax expected to be accounted for in FY 2020. The Total unaudited statutory loss is expected to be in the range of $230 to $340m after tax.

Please click here for full details

See more ASX300 News Announcements