Lendlease Group

LLC.ASX

Real Estate

The Lendlease Group operates in the Asia Pacific, Europe and the Americas regions in the areas of: - retail property management, asset management and development; - large scale urban regeneration and greenfield development projects; - real estate inve

Market Data

Price

$2.720

-0.0%
Market Cap

$1.9B

P/E Ratio

-100000.0x

EPS

$-0.207

Div. Yield

8.51%

52-Week Change

-0.4%

Latest Earnings

Appendix 4D and HY2026 Consolidated Financial Report

23 February 2026

Revenue
$2,839
-37.0% YoY
NPAT
-$318.00
EPS
$-0.46
Dividend
$0.06

Lendlease reported a statutory loss after tax of $318M for HY26, deteriorating from a $48M profit in the prior period. Operating PAT loss of $200M included $87M from IDC segments and $287M loss from Capital Release Unit. CRU losses included $95M writedown of Communities land parcels and $44M provisions in exited international construction, while limited completions in Development reduced segment performance. Key points: Construction performance improved with Operating EBITDA of $69M vs $(25)M in prior period, driven by new project commencements and improved project performance; Strong liquidity position of $3.3B including $646M cash and $2.6B undrawn facilities, plus $908M hybrid securities issuance; Australian development pipeline increased to $13.6B from $9.8B at FY25, with $4.7B of new projects secured

Recent Announcements

13 May 2026 Sph Neutral

Becoming a substantial holder

BlackRock Inc. and its multiple subsidiaries have become substantial shareholders in Lendlease Group, acquiring ordinary shares through various transactions between January 12 and February 2026 at prices ranging from AUD 4.42 to AUD 5.10 per share, with holdings held through investment management entities and custodian accounts totaling millions of shares across multiple jurisdictions.

14 Apr 2026 Sph Neutral

Ceasing to be a substantial holder

Address ceased to be a substantial holder.

10 Apr 2026 Sph Neutral

Becoming a substantial holder

BlackRock Group (BlackRock Inc. and subsidiaries named in Annexures became a substantial holder.

30 Mar 2026 Sph Neutral

Ceasing to be a substantial holder

Address ceased to be a substantial holder.

27 Mar 2026 Sph Neutral

Becoming a substantial holder

BlackRock Inc., through various subsidiaries and investment management entities, has become a substantial shareholder in Lendlease Group (LLC) by acquiring ordinary shares between November 26 and December 24, 2025, with holdings managed across multiple BlackRock entities in investment management, trust, and advisory capacities.

26 Mar 2026 Sph Neutral

Ceasing to be a substantial holder

Address ceased to be a substantial holder.

18 Mar 2026 Sph Neutral

Ceasing to be a substantial holder from MQG

MQG ceased to be a substantial holder.

23 Feb 2026 Actual Results Negative

Appendix 4D and HY2026 Consolidated Financial Report

Lendlease reported a statutory loss after tax of $318M for HY26, deteriorating from a $48M profit in the prior period. Operating PAT loss of $200M included $87M from IDC segments and $287M loss from Capital Release Unit. CRU losses included $95M writedown of Communities land parcels and $44M provisions in exited international construction, while limited completions in Development reduced segment performance. Key points: Construction performance improved with Operating EBITDA of $69M vs $(25)M in prior period, driven by new project commencements and improved project performance; Strong liquidity position of $3.3B including $646M cash and $2.6B undrawn facilities, plus $908M hybrid securities issuance; Australian development pipeline increased to $13.6B from $9.8B at FY25, with $4.7B of new projects secured

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