Lend Lease Group (LLC) FY15 Results

Bell Potter


Lend Leases construction backlog revenue was up 7% to $17.3 billion, EBITDA margin 2.6% and had a growth in apartment backlog and pre sales. Backlog was circa 18,000 apartments across all regions, a commitment to achieving 50% presales before beginning construction, gross value of apartment presales has risen from circa $0.4 billion to circa $4.7 bn. To read our full summary click here: (VIEW LINK)

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Bell Potter

Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to a diversified client base that includes individuals, institutions and corporations.

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