The provisions now taken reflect the anticipated costs to finish the projects. |
We are disappointed that the provisions against the U.K. construction projects held back what would have been an otherwise very strong operating result. Lend Lease maintains a confident outlook for growth. |
We believe we'll have a very strong second-half. |
We have no other risk-projects that aren't within the bounds of normal forecasting errors. |
We're expecting it to remain pretty downbeat for at least the next 12 months. We don't expect a fundamental improvement for at least 12 to 18 months. |