)
Lendlease Group (LLC) investor relations material
Lendlease Group H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
FY26 is a transitional period with a strategic reset focusing on Investments, Development, and Construction (IDC), and accelerated capital recycling through the Capital Release Unit (CRU).
Statutory loss after tax was $318m, driven by non-cash negative revaluations and impairments, mainly in the US, UK, and Singapore.
$2.8b of CRU transactions have been announced or completed, supporting capital recycling and future buyback plans.
Leadership transitions include a new CFO and other senior management changes, with a focus on continuity and execution.
Interim unfranked distribution of $43m (6.2 cents per unit) from the Trust approved; no interim dividend for the Company.
Financial highlights
IDC Segment EBITDA was $204m (down from $341m), with Investments at $101m, Development at $34m, and Construction at $69m.
Group statutory loss after tax was $(318)m, including $118m of non-cash negative revaluations and impairments.
Group revenue for HY26 was $2,839m, down from $4,527m in HY25.
Net finance costs decreased to $8m due to lower average debt costs and levels.
Funds under management stable at $48.7b, with $2.9b in co-investment capital.
Outlook and guidance
FY26 is a transitional year; IDC earnings guidance maintained at 28–34 cents per security, with a stronger second half anticipated.
Group targets include reducing gearing to 15% by FY26 and achieving a $300m exit run rate for overheads.
Medium-term targets include 8–10% annual earnings growth, $4b per annum in development completions from FY27, and double-digit equity returns from IDC.
Improved earnings visibility for FY27 and FY28, anchored by major project completions and joint ventures.
$50m of additional pre-tax run-rate cost savings targeted in FY26, with $21m actioned in HY26.
Next Lendlease Group earnings date
Next Lendlease Group earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)