Lendlease profit sinks

By Dave Rogers2020-10-01T05:00:00

Google HQ builder hit by covid costs

Profit at the European construction arm of Lendlease sank nearly 90% in the year to June as the firm counted the cost of dealing with the covid-19 crisis.

The firm, which is working on a string of high-profile jobs including the Google headquarters building the refurbishment of the grade I-listed Manchester Town Hall, said profit nosedived 88% to £3.9m on turnover down 21% to £443m.

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