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Lendlease Group Reports Strong Half-Year Performance and Strategic Progress

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Lendlease Group Reports Strong Half-Year Performance and Strategic Progress

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The latest update is out from Lendlease Group ( (AU:LLC) ).

Lendlease Group reported a robust operating performance for the half-year ending December 2024, with an Operating Profit after Tax of $122 million and a 171% increase in the IDC Segment Operating EBITDA. The company has made significant strides in its strategic initiatives announced in May 2024, including capital recycling and exiting its international construction operations, positioning itself for stable returns and cost savings.

More about Lendlease Group

Lendlease Group is a multinational company operating in the real estate and investment sector, focusing on investment, development, and construction services. The company aims to deliver sustainable returns to its stakeholders by simplifying and refocusing its business operations.

YTD Price Performance: 6.41%

Average Trading Volume: 4,057

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $2.93B

See more data about LLC stock on TipRanks’ Stock Analysis page.

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