Financial Performance

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Leighton Offshore is a fully owned subsidiary of CIMIC Group Limited (formerly Leighton Holdings Limited), one of the world's largest contracting groups and the world's largest contract miner. Founded in Australia in 1949, CIMIC Group Limited (formerly Leighton Holdings Limited) listed on the Australian Securities Exchange in 1962.

The CIMIC Group’s financial strength has been a key factor in its success over many years, and Leighton Offshore is fortunate to be able to benefit from this. The balance sheet supports performance bonds, bank guarantees and letters of credit, which provide our clients with security that projects will be completed in accordance with contracts. It enables us to take equity stakes in projects and can also assist clients in raising debt funding at competitive rates.

Read more on Leighton Group's most recent financial results .