We are disappointed that the provisions against the U.K. construction projects held back what would have been an otherwise very strong operating result. Lend Lease maintains a confident outlook for growth.
We have no other risk-projects that aren't within the bounds of normal forecasting errors.
We're expecting it to remain pretty downbeat for at least the next 12 months. We don't expect a fundamental improvement for at least 12 to 18 months.
We believe we'll have a very strong second-half.
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