• Lendlease Group shares paused pending further announcement

    a woman wearing a dark business suit holds her hand up in a stop gesture while sitting at a desk. She has a sombre look on her face.

    The Lendlease Group (ASX: LLC) share price is in focus today after a trading pause was announced by the ASX, pending further updates from the company.

    What did Lendlease Group report?

    • Trading in Lendlease securities has been temporarily paused by the ASX.
    • No financial metrics or earnings details have been disclosed at this time.
    • Investors await a further announcement regarding the reason for the trading halt.

    What else do investors need to know?

    The ASX has temporarily paused trading of Lendlease Group shares as it awaits additional information from the company. This is a standard procedure when the market is expecting material news that could affect the share price.

    It’s not uncommon for companies to request a trading halt ahead of significant announcements, which might range from financial results, capital raisings, acquisitions, or other strategic updates. Lendlease has not provided specific details yet.

    What’s next for Lendlease Group?

    All eyes are on Lendlease for its next announcement, which should clarify the reason for the trading pause. Investors will be looking for more information before making any decisions.

    The company’s future direction will become clearer once further details are released to the market.

    Lendlease Group share price snapshot

    Over the past 12 months, Lendlease shares have declined 47%, trailing the S&P/ASX 200 Index (ASX: XJO), which has risen 3% over the same period.

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    The post Lendlease Group shares paused pending further announcement appeared first on The Motley Fool Australia.

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    Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

  • Corporate Travel Management updates investors on delayed FY25 results and UK remediation

    A man in a dark blue suit walks through an airport past floor-to-ceiling windows with a Qantas plane flying in the distance

    The Corporate Travel Management Ltd (ASX: CTD) share price is in focus after the company released an update highlighting delays to its FY25 and 1HFY26 financial statements and progress on UK customer remediation.

    What did Corporate Travel Management report?

    • FY25 and 1HFY26 financial statements are substantially advanced but still incomplete
    • FY25 and 1HFY26 accounts now expected to be lodged in August 2026
    • Estimated FY24 revenue restatement of $10–15 million in the ANZ region, mostly relating to prior years
    • Impairment of Europe goodwill expected at GBP 92 million
    • Further goodwill impairment expected in ANZ (AUD 77 million) and North America (USD 49 million)

    What else do investors need to know?

    Corporate Travel Management is focused on completing three key, interconnected activities: finalising financing to support UK remediation, executing agreements with affected UK customers, and completing outstanding financial reporting and audit procedures.

    The UK remediation process is well advanced, with Corporate Travel Management in the final stages of negotiating staged refund arrangements with key customers. This remains subject to completion of the FY25 accounts and associated financing, with lenders engaged regarding these developments.

    What did Corporate Travel Management management say?

    Acting Group CEO Ana Pedersen said:

    We recognise the delay is deeply frustrating for shareholders and acknowledge the uncertainty it has created.

    We have made meaningful progress towards finalising CTM’s financial statements, UK customer remediation and financing workstreams.
    As we move through the final stages, the remaining tasks are interdependent, and we are working through them carefully and with rigour, to ensure a thorough and appropriate outcome.

    Importantly, the underlying business remains resilient, with strong customer retention and consistent quality service across our global operations.

    What’s next for Corporate Travel Management?

    The company now aims to complete and lodge its FY25 and 1HFY26 financial statements in August. Finalising agreements with lenders and impacted UK customers remains a top priority, alongside implementing the staged remediation refunds.

    Management says the underlying operations continue to display resilience, and the company will provide further market updates as soon as the remaining processes are finalised.

    View Original Announcement

    The post Corporate Travel Management updates investors on delayed FY25 results and UK remediation appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Corporate Travel Management right now?

    Before you buy Corporate Travel Management shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Corporate Travel Management wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 16 June 2026

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    Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Corporate Travel Management. The Motley Fool Australia has positions in and has recommended Corporate Travel Management. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

  • Worley flags FY26 earnings hit from Middle East delays and currency impact

    A male investor wearing a white shirt and blue suit jacket sits at his desk looking at his laptop with his hands to his chin, waiting in anticipation.

    The Worley Ltd (ASX: WOR) share price is in focus after the company flagged a potential hit of up to $60 million to FY26 underlying EBITA from ongoing Middle East conflict disruptions, alongside a $50 million foreign currency translation impact expected in the same period.

    What did Worley report?

    • No cancellations of Middle East projects to date, but new project starts and awards continue to be delayed
    • FY26 underlying EBITA impact now forecast up to $60 million (previously $30–$40 million)
    • Additional $50 million estimated translation impact on FY26 underlying EBITA from stronger Australian dollar
    • Update reflects increased uncertainty and extended conflict duration in the region

    What else do investors need to know?

    The Middle East conflict continues to disrupt the progress of Worley’s existing projects across the region, with customer delays on commencing and awarding new projects. While no contracts have been cancelled, ongoing delays are expected to weigh on upcoming financial performance.

    Worley also advised that the stronger Australian dollar in the second half of FY26 will reduce the contribution from overseas earnings when translated back into Australian dollars, compounding the previously announced operational impacts. The estimate of foreign currency translation effects remains subject to further exchange rate movements throughout the year.

    What’s next for Worley?

    Looking ahead, Worley continues to monitor the evolving geopolitical situation. While recent diplomatic developments in the Middle East show some promise, the company remains cautious, acknowledging ongoing uncertainty regarding project timing and regional stability. Management is actively supporting customers and staff in affected regions and adapting resource planning and contract strategies to manage risks.

    Worley’s broader strategy focuses on maintaining operational resilience and leveraging its global footprint through diversified service offerings. The company says it is committed to supporting customers as they navigate current disruptions and transition towards more sustainable solutions in the longer term.

    Worley share price snapshot

    Over the past 12 months, Worley shares have declined 6%, trailing the S&P/ASX 200 Index (ASX: XJO), which has risen 3% over the same period.

    View Original Announcement

    The post Worley flags FY26 earnings hit from Middle East delays and currency impact appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Worley right now?

    Before you buy Worley shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Worley wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 16 June 2026

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    Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.