Tag Archives: cash reserves

Leighton results underline cash flow challenges for sub-contractors

Today, Leighton Holdings reduced its full-year profit guidance to the market by $400-450 million following further problems in the the company‚Äôs Airport Link and Victorian desalination projects. Not surprisingly, the company’s share price took a beating, falling 6% in mid … Continue reading

Posted in Accounts Receivable Factoring, Construction Factoring, Factoring, Factoring Companies, Invoice Discounting, Invoice Factoring, Small Business Factoring | Tagged , , , , , , , , , | Comments Off