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 Guidance Call Transcript

Jul 01, 2021 / 12:30AM GMT

Release Date Price: $9.1

Transcript

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Lendlease market update. (Operator Instructions) I must advise you that this call is being recorded today, Thursday, 1st of July.

I will now hand the call over to Mr. Tony Lombardo, Global Chief Executive Officer of Lendlease. Please go ahead.

Anthony Peter Lombardo

Lendlease Group - Group CEO & MD

Good morning, everyone, and thank you for joining today's call. Sitting here at Barangaroo in Sydney, I acknowledge we're on the land of the Gadigal people and extend my respects to their elders past, present and emerging. Joining me on the call is Frank Krile, Acting Group CFO. I'll provide some opening comments following the ASX announcement lodged this morning and then open up for questions.

Today, we announced an update on our FY '21 financial performance for the core operating business and an update on the status of the noncore business. COVID-19 continues to negatively impact the business globally. As a result, we anticipate to deliver FY '21 core operating profit after

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