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    Lend Lease Group (ASX:LLC) has boosted its first half net profit by 39 per cent to $302.3 million.



    The result is up from a $217.8 million profit in the year before and delivered primarily by Lend Lease’s Australian businesses.



    The developer’s local businesses posted a profit of $304 million for the period, due in part to the first commercial agreements for its Sydney Harbour Barangaroo project.



    CEO Steve McCann says Lend Lease is in a strong position and good visibility of earnings in the current financial year, with a project pipeline of $21.4 billion.

     

    The company will pay an unfranked interim dividend of 22 cents. 
 
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