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Lend Lease Group (ASX:LLC) has offered an optimistic outlook for the next 12 months with growth in its residential business in Australia and the UK.The property developer says it has achieved $2.5 billion in pre-sold revenue across apartments and communities as well as a record year of settlements.CEO Steve McCann says the company is well placed to benefit from the $50 billion infrastructure spend that is foreshadowed in Australia.Mr McCann says the company has a development pipeline of around $38 billion made up of both construction revenue and funds under management.The company has also announced the appointment of Stephen Dobbs to its board of directors effective 1 January next year.Lend Lease reported a net profit of $823 million in the 2014 financial year.
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Last
$5.44 |
Change
-0.010(0.18%) |
Mkt cap ! $3.754B | |||
| Open | High | Low | Value | Volume |
| $5.45 | $5.47 | $5.44 | $5.763M | 1.053M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17998 | $5.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.45 | 4414 | 1 |
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| Last trade - 16.10pm 11/09/2025 (20 minute delay) ? |
| LLC (ASX) Chart |