LLC 0.96% $6.30 lendlease group

Maybe. Have owned LLC before. Seem to always be left footed,...

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    Maybe. Have owned LLC before. Seem to always be left footed, perhaps directors/senior management not actively following the contracting process from an engineering viewpoint.


    Last year construction segment EBITA = $78 Million. Now declaring impairment of $350 million!


    Other profit drivers developments and investments made $592, and $495 million. A lot of this was non cash "revaluation" of $228 million.

    Maybe they can revalue again? In 2019 seems unlikely.  Otherwise EBITA will take a big hit and be about half 2018.



 
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