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Lendlease Reports Net Loss of $264m for Half-Year to 31 December 2021

20 Apr 2022  |  16:44:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Half Yearly Report and Accounts

Lendlease reported net loss of $264m for the half-year ended 31 December 2021. Revenue from ordinary activities were $4,569m, down 20.06% from last year. Basic and Diluted EPS were (38.7) cents compared to 28.7 cents last year. The net operating cash outflow was $947m compared to an outflow of $530m in the pcp. The interim dividend declared was 5 cents, compared with 15 cents last year.

Lendlease Half Year Results to 31 December 2021

6 Months to 31 December 2021 ($A'000) 6 Months to 31 December 2020 ($A'000)
Revenue 4,569,000 5,213,000
Pre-Tax Profit (Loss) (390,000) 234,000
Net Profit (Loss) (264,000) 196,000
Operating Cash Flow (947,000) (530,000)
Interim Dividends (cents) 5 15
Basic and Diluted EPS (cents) (38.7) 28.7
NTA (cents) 780 805
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