Lend Lease FY profit jumps

New joint ventures help boost profit, group tips earnings growth over next 3 years.

Lend Lease (LLC) is tipping earnings growth over the next three years after recording a solid jump in full year net profit but is warning on a weakening domestic construction market and challenging macro economic conditions. 

Net profit grew 10% to $551.6 million for the year, from $501.4 million in the previous corresponding period, on the back of earnings from new joint ventures and two new commercial tower at Barangaroo South.  

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