Restructuring Lendlease nosedives into red

By Dave Rogers2022-02-21T10:32:00

Firm sees swing of more than £300m on is bottom line in first half

Restructuring costs and losses from non-core businesses sent Lendlease tumbling into the red for the first six months of the year.

The firm said it racked up a pre-tax loss of A$390m (£206m) for the half year to December 2021 from a pre-tax profit of A$234m (£124m) last time.

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