LEI leighton holdings limited
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and it is a downgrade

  1. Blackrivered
    3,337 Posts.
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    29/03/12
    09:15
    Post #: 9910493
    Leighton Holdings Limited today announced that during the Quarterly Reviews of its Operating Companies, which are currently underway, it has identified a deterioration in the financial performance of Airport Link (APL) and the Victorian Desalination Project (VDP). The deterioration is anticipated to be $148 million before tax for APL and $106 million before tax for VDP. This is a reduction in forecast profit of $254 million before tax which will be reflected in the current financial year to 31 December 2012.
    LEI Price at posting: $23.75 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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