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Media releases

Archived media releases by Group company

Archived media releases issued by the Leighton Group and reported to the Australian Stock Exchange are listed below.

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Release Date Description Group Company Classification Location
Leighton Holdings
17 Nov 2008 RMIA announces Risk Manager of the Year
Leighton Holdings Ltd’s Executive General Manager, Risk Management, David Hudson, is the Risk Management Institution of Australasia’s 2008 Risk Manager of the Year. view pdf (0.1Mb) > 		LHL Miscellaneous Australia wide
06 Nov 2008 Leighton confirms full year guidance of 15% profit growth
At Leighton Holdings’ 47th Annual General Meeting held in Sydney today, Chairman, Mr David Mortimer, reported that the company had achieved a 35% increase in profit after tax to a record $608m for 2007/08. As at 30 September 2008, work in hand had increased to $35.3bn and since then the Group has won around $2.4bn worth of work. view pdf (0.1Mb) > 		LHL Financial Head Office
18 Sep 2008 Successful completion of Leighton’s $700 million accelerated pro-rata entitlement offer
Leighton Holdings Limited (Leighton) has successfully completed the retail component of its 1 for 14 accelerated pro-rata entitlement offer (Entitlement Offer) to shareholders to raise approximately $700 million (before expenses). view pdf (0.1Mb) > 		LHL Financial Head Office
19 Aug 2008 Strong institutional support for Leighton’s $700 million accelerated pro-rata entitlement offer
Leighton Holdings Limited (Leighton) has successfully completed the institutional component of its $700 million accelerated pro-rata entitlement offer (Entitlement Offer). The Entitlement Offer provides an opportunity for eligible shareholders to subscribe for 1 New Share for every 14 Leighton Shares held at 7.00 pm (AEST) on Tuesday, 19 August 2008, at the Offer Price of $35.35 per New Share. view pdf (0.1Mb) > 		LHL Financial Head Office
14 Aug 2008 Leighton profit up 35% to $608m, work in hand currently at $34.5bn
The directors of Leighton Holdings Limited today announced a 35% increase in profit after tax and minorities to $608m ($450m last year) and a pre-tax profit of $768m for the 2008 financial year. The return on shareholders’ funds averaged 43% for the year (37% last year). view pdf (0.1Mb) > 		LHL Financial Head Office
14 Aug 2008 Leighton to raise $700 million in equity via an accelerated pro-rata entitlement offer
Leighton Holdings Limited (Leighton) today announced that it will raise approximately $700 million (before expenses) in new equity via a 1 for 14 accelerated pro-rata entitlement offer to shareholders (Entitlement Offer). view pdf (0.1Mb) > 		LHL Financial Head Office
15 May 2008 Leighton announces financial results for Third Quarter to 31 March and new building work in Dubai
Leighton Holdings Limited today announced an increase in operating profit after tax (unaudited) for the nine months to 31 March 2008 to $375m ($273m last year). The result is a positive indicator for the full year and is consistent with the company’s guidance that 2008 profit will be up by at least 30% on last year’s record result of $450m. view pdf (0.1Mb) > 		LI, LHL Building and property, Financial Dubai, Head Office
14 Mar 2008 Leighton Holdings’ Wal King named 2008 Business Leader Awards winner
The Institute of Chartered Accountants in Australia together with Perpetual, announced today that Wal King, Chief Executive Officer of Leighton Holdings Limited, is the winner of the 2008 Chartered Accountants Business Leader Award. view pdf (0.1Mb) > 		LHL Miscellaneous Australia wide
07 Mar 2008 Wal King is Property Person of the Year
Wal King, chief executive of Leighton Holdings, has been named as Property Person of the Year 2008 by the Urban Taskforce. view pdf (0.2Mb) > 		LHL Miscellaneous Australia wide
14 Feb 2008 Leighton half year profit up 32%, work in hand at record $26.7 billion
The directors of Leighton Holdings Limited today announced a 32% increase in operating profit after tax and minorities to $250m (versus $190m last year) from a pre-tax profit of $322m. A 50% franked interim dividend of 60 cents was also announced by the directors representing a 33% increase (45 cents unfranked last year). view pdf (1.8Mb) > 		LHL Financial Head Office
29 Jan 2008 S&P confirms Leighton’s stand alone credit quality but revises rating due to shareholder structure / Moody’s Baa1 rating unchanged
Leighton Holdings Limited (Leighton) is disappointed to advise that Standard & Poor’s (S&P) has revised Leighton’s credit rating from BBB+ to BBB because of “the weak credit quality of Leighton’s unrated German parent Hochtief AG”. The rating revision “reflects the potential adverse influence that the parent could have on Leighton’s credit quality in the event of significant financial stress at Hochtief.” view pdf (0.1Mb) > 		LHL Corporate Australia wide
14 Dec 2007 Less talk more action on roads and infrastructure, says Leighton Chief
Leighton Holdings Chief Executive, Wal King, has called on state and federal governments to stop talking and start delivering major infrastructure projects such as roads. view pdf (0.1Mb) > 		LHL Corporate Australia wide
08 Nov 2007 Leighton work in hand at $24.5 billion, on track for 30% profit growth
At Leighton Holdings’ 46th Annual General Meeting held in Sydney today, Chairman, Mr David Mortimer, reported that the Company had achieved a 63% increase in profit to an all time record $450 million. As of 30 September 2007, work in hand had strengthened to $23.5 billion. view pdf (0.1Mb) > 		LHL Corporate Head Office
05 Nov 2007 Leighton and Macmahon announce partnering agreement
Leighton Holdings Limited today announced that it had entered into a Memorandum of Understanding (MOU) with Macmahon Holding Limited which formalises a partnering relationship between the two companies. Under the MOU, Leighton will promote Macmahon as a “Partner of Choice” to joint venture on large infrastructure and resources related construction projects. Leighton currently has a 15% shareholding in Macmahon. view pdf (0.1Mb) > 		LHL Corporate, Engineering and infrastructure Australia wide
03 Sep 2007 Leighton to acquire 45% of Al Habtoor Engineering
Leighton Holdings Limited today announced that it was merging its Leighton International operations in the Arabian Gulf with Al Habtoor Engineering and acquiring a 45% stake in Al Habtoor - Leighton by investing approximately $870 million. Al Habtoor - Leighton will immediately become one of the region’s largest multi-disciplined contractors. view pdf (0.7Mb) > 		LHL, LI Engineering and infrastructure, Financial United Arab Emirates
14 Aug 2007 Leighton profit up 63% to $450 million
The directors of Leighton Holdings Limited today announced a 63% increase in operating profit after tax and minorities to $450.0m (versus $276.1m last year) from a pre-tax profit of $584.1m. The return on shareholders’ funds averaged 36.7% for the year (27.7% last year). view pdf (1.4Mb) > 		LHL Financial Head Office
14 Aug 2007 Leighton keeps its King until June 2010
The Board of Leighton Holdings Limited today advised that it had agreed amendments to the terms of the employment contract with Chief Executive Officer, Mr Wal King. view pdf (1.4Mb) > 		LHL Corporate Head Office
14 May 2007 Leighton on the road to 55% profit increase
Leighton Holdings Limited today announced a substantial increase in operating profit after tax (unaudited) for the nine months to 31 March 2007 to $273 million ($169 million last year). The company has also upgraded the forecast for the full year and expects to report an increase in net profit after tax of approximately 55% on top of last year’s record profit of $276 million. view pdf (0.1Mb) > 		LHL Financial Head Office
14 Feb 2007 Leighton reports $190m first half profit and $20bn work in hand
The directors of Leighton Holdings Limited today announced a 61% increase in operating profit after tax and minorities to $190.0m (versus $118.1m last year) from a pre-tax profit of $246.1m. An unfranked interim dividend of 45 cents was also announced by the directors representing an 80% increase (25 cents franked to 50% last year). view pdf (0.8Mb) > 		LHL Financial Head Office
01 Feb 2007 Leighton to acquire 40% stake in Devine for approx $94.7 million
Leighton Holdings Limited today announced that the company had agreed to acquire a strategic 40 per cent stake in listed developer Devine Limited (ASX: DVN) for approximately $94.7 million. view pdf (0.1Mb) > 		LHL Building and property Australia wide
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