🔴 Lendlease Group is trading 11.15% down today after FY26 statutory loss reached A$749 million

Lendlease Group is trading at A$2.87 (-11.15%) after its FY26 statutory loss reached A$749 million, versus an A$225 million profit previously.

• Capital Release Unit recorded a A$500 million EBITDA loss, including A$340 million impairments.
• Construction and investment results met guidance, but legacy asset problems overwhelmed the recovery.
• Trading was highly active after the August 17 results announcement; the broader market was broadly flat, making the earnings shock the primary catalyst.