Leighton Holdings has released the strategic blueprint which will form its new business model, and says that sell-offs or mergers are likely in its aim to streamline.
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Leighton reiterates need to cut costs, change structure
In his first shareholder address, new Leighton Holdings’ CEO Marcelino Fernandez Verdes said cutting costs and accelerating change at the company was a top priority.
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Leighton lifts profit on strong oil and gas demand
A strong performance in infrastructure and oil and gas construction has seen Leighton Holdings post a 24 per cent increase in net profit to $152 million for the three months to December.
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Leighton review could see Thiess and John Holland sold, merged
Leighton Holdings’ majority shareholder is considering whether to merge or ditch business arms John Holland and Thiess amid a major shake-up at the company.
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