Lend Lease delivers strong profit growth of 17.2%17 February...

Lend Lease delivers strong profit growth of 17.2%

17 February 2011
? Operating profit after tax of A$220.2 million for the half year, 17.2% above prior period
? Statutory profit after tax of A$226.5 million for the half year, 10.5% above prior period
? Interim distribution of 20 cents per security, franked to 50%
? Continued pipeline momentum across the Group
? Strong balance sheet with capacity to fund pipeline of opportunities
? Signed agreement to acquire Valemus businesses


G, I remember a number of bears talking the market down (may-sep 2010) while I was buying up.

Happy to hold LLC long term.