Lendlease Group (OTCPK:LLESF)
$ 4.7 0 (0%) Market Cap: 3.04 Bil Enterprise Value: 5.13 Bil PE Ratio: 0 PB Ratio: 0.97 GF Score: 60/100

LendLease Group to Discuss Agreement to Sell Engineering Business to Acciona Infrastructure Asia Pacific Pty Ltd Call Transcript

Dec 19, 2019 / 06:45AM GMT
Release Date Price: $13.05
Operator

Ladies and gentlemen, thank you for standing by, and welcome to an update on the sale of Lendlease Engineering and Service business. (Operator Instructions) I must advise you that this call is being recorded today, Thursday, the 19th of December 2019.

I'll now hand the call over to your first speaker today, Steve McCann. Please go ahead.

Stephen B. McCann
Lendlease Group - Group CEO, MD & Executive Director

Good afternoon, everybody. My name is Steve McCann, Group CEO and Managing Director of Lendlease. Thanks for joining the conference call and announcement of the sale of our Engineering business, not Services.

I'll begin by acknowledging that we're on the land of the Gadigal people and extend my respects to their elders past, present and future. Joining me in the room is Tarun Gupta, our Group Chief Financial Officer.

I'm going to provide some opening remarks, and then I'll hand over to Tarun, who will provide some more detail on the financial implications of the sale, and then we'll open it up to questions.

So this

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot