Lend Lease boosted by UK and Australia housing booms

摘要

Lend Lease's Europe division posted a nine-fold increase in pre-tax profit in strong half-year results for the Australia-based construction group. Lend Lease's Europe division posted pre-tax profit of A$75.3m (£38.1m) for the six months to December 2014, up from A$8.2m (£4.2m) the previous year. The firm's European division was Lend Lease's standout regional division for the half-year period. Overall, Lend Lease posted a 25% increase in after-tax profit to AS315.6m (£159.7m), up A$251.6m (£127.3m) from the previous year. Lend Lease chief executive Steve McCann told investors the group had been boosted by residential markets in the UK and Australia, which "have remained strong".