Hospital dispute dents Lendlease Construction profits

Lendlease Construction Europe saw pre-tax profits fall by around 37% to £11.9m after a challenging year and losing a claim against its consultant on a Leeds hospital project.
Simon Gorski, managing director of Construction for Lendlease Europe, said revenue had also slipped by around 8% to £509m in the year to June 2023, due to depressed bidding activity over the Covid-19 period.
Gorski said: “During the 2022/23 year, we navigated a complex market landscape characterised by inf