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MarketScreener Homepage  >  Equities  >  AUSTRALIAN SECURITIES EXCHANGE LIMITED  >  Lendlease Group    LLC   AU000000LLC3

LENDLEASE GROUP

(LLC)
  Report  
End-of-day quote. End-of-day quote AUSTRALIAN SECURITIES EXCHANGE LIMITED - 09/17
17.05 AUD   -0.58%
09/11LENDLEASE : selects new leader for top Europe post
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Lendlease : selects new leader for top Europe post

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09/11/2019 | 06:52am EDT
Neil has been with the Group - which is responsible for projects including the over-station development of Euston, the renovation of Manchester's historic Town Hall, Elephant Park and Italy's Milan Innovation District - for more than 20 years.

Neil is currently Chief Operating Officer for Europe. Prior to this he worked in a number of leadership roles including General Counsel Europe, Global Head of Safety, Risk and Insurance and more recently as Europe's Managing Director of Construction.

Steve McCann, Group CEO and Managing Director, Lendlease, said: 'It's an exciting time for our Europe business, which has secured a c.£19 billion pipeline of urbanisation projects that will transform a number of gateway cities. Neil's years of experience will help our Europe business continue to thrive and create the outstanding places that our customers have come to expect from Lendlease.'

Neil Martin, CEO, Lendlease, Europe said: 'It's a privilege to take on this role and lead such a talented team of people to deliver our extensive pipeline across the UK and Italy.'

'I'm as passionate today about the work we do at Lendlease as I was when I joined the company 20 years ago. My immediate priorities are to continue to deliver on all of our commitments as well as identify new opportunities to deliver the best places on behalf our clients and community partners. I'd also like to thank Dan Labbad for his leadership and support over the last 10 years.'

Neil has a first-class degree in building and first joined Lendlease as a Project Manager in 1990 before qualifying in law. He returned to the company as a senior lawyer in 1999 and has subsequently worked in a number of different roles at Lendlease.

Neil takes over from Dan Labbad who is joining The Crown Estate as CEO.

ENDS

For further information please contact:

Becky Endacott, External Communications Manager, Lendlease Europe
Email: Becky.Endacott@lendlease.com
Phone: 07725200928

Visit www.lendlease.com or follow us on Twitter @Lendleaseuk.

Disclaimer

Lend Lease Group published this content on 11 September 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 September 2019 10:51:06 UTC

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Financials (AUD)
Sales 2020 14 761 M
EBIT 2020 1 084 M
Net income 2020 754 M
Debt 2020 1 553 M
Yield 2020 3,87%
P/E ratio 2020 12,7x
P/E ratio 2021 12,3x
EV / Sales2020 0,75x
EV / Sales2021 0,77x
Capitalization 9 550 M
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Mean consensus BUY
Number of Analysts 8
Average target price 17,24  AUD
Last Close Price 17,05  AUD
Spread / Highest target 13,6%
Spread / Average Target 1,11%
Spread / Lowest Target -8,50%
EPS Revisions
Managers
NameTitle
Stephen Barry McCann Group CEO, Executive Director & Managing Director
Michael James Ullmer Chairman
Tarun Gupta Group Chief Financial Officer
Jane Sharman Hemstritch Independent Non-Executive Director
Colin Bruce Carter Independent Non-Executive Director
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