Lendlease Group (ASX:LLC) Full Year 2024 Results
Key Financial Results
- Revenue: AU$9.37b (down 9.7% from FY 2023).
- Net loss: AU$1.50b (loss widened by AU$1.27b from FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Lendlease Group Revenues Disappoint
Revenue missed analyst estimates by 12%.
Looking ahead, revenue is expected to decline by 9.4% p.a. on average during the next 3 years, while revenues in the Real Estate industry in Australia are expected to grow by 2.2%.
Performance of the Australian Real Estate industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Lendlease Group, and understanding these should be part of your investment process.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About ASX:LLC
Lendlease Group
Operates as an integrated real estate and investment company in Australia, Asia, Europe, and the Americas.
Fair value with moderate growth potential.
