All Ordinaries Shares News Leighton Holdings (LEI)
It has been one of the shares to sell from the beginning of 2010, having lost almost 50% of its value since then.
Today, LEI lowered its FY11 net loss guidance to $408 million, from the previous $427 million.
LEI was also expecting to swing back to a $600 – $650 million profit in the FY12, driven by the expected completion of the Brisbane Airport Link.
The group was also more confident in its contracting divisions, which are winning a lot of new work in Australasia.