Lendlease FY26 slides: construction recovery offset by $749m loss
Lendlease Corporation Limited's full-year 2026 results, disclosed on August 17, 2026, paint a picture of a mixed performance. While the company's core IDC segment delivered solid results, its Capital Release Unit (CRU) incurred a significant loss. The statutory loss after tax amounted to $749 million, a sharp contrast to the $225 million profit reported in FY25.
Despite this setback, the Construction and Development segments showed resilience, with the former achieving a 4.3% EBITDA margin and the latter securing $4.7 billion in new projects throughout the year. Shares of Lendlease fell 7.12% to $3.00, reflecting investor concerns over elevated debt levels and the slow pace of capital recycling.
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