|Bid||6.86 x 0|
|Ask||6.91 x 0|
|Day's range||6.84 - 6.96|
|52-week range||5.89 - 7.42|
|PE ratio (TTM)||45.56|
|Earnings date||16 Aug. 2018|
|Forward dividend & yield||0.32 (4.60%)|
|1y target est||7.68|
The better-than-expected expansion in the Australian economy will give backers of high-flying growth stocks an upper hand in the growth vs. value debate.
Downer EDI Limited (ASX:DOW) delivered a less impressive 2.73% ROE over the past year, compared to the 9.08% return generated by its industry. Though DOW’s recent performance is underwhelming, itRead More...
Engineering business Downer EDI has been awarded a contract worth approximately $150 million to build a NSW solar farm by First Solar.
Downer EDI has struck a $660 million deal with OZ Minerals to run mining services at one of Australia's largest undeveloped copper deposits. Shares in both companies opened higher on Tuesday after the industrial services giant was tasked with finishing the setup and running production at the Carrapateena copper-gold project until the end of 2025. At an estimated value of $916 million, the central South Australian site is one of the country's largest undeveloped copper deposits, OZ Minerals says.
Downer EDI has secured a $660 million deal with South Australian miner OZ Minerals to provide underground services at one of its copper-gold mines. The 6 1/2-year contract runs from July 1 and tasks the ...
Downer EDI has won a $400 million contract to provide mining services at the Gold Road Resources and Gold Fields-owned Gruyere Gold Project in Western Australia. Chief executive Grant Fenn said the contract will build on Downer's operations in Western Australia, which included work at the Sunrise Dam gold mine and the Roy Hill, Cape Preston and Karara iron ore mines. "Downer is very pleased to have been awarded this contract and we look forward to working closely with the Gruyere Gold Project team to help them develop this new mine safely and successfully," Mr Fenn said.
Downer EDI has been awarded a $400 million contract to provide mining services at the Gruyere Gold Project in Western Australia. Chief executive Grant Fenn said the contract will build on Downer's extensive operations in Western Australia, which includes providing mining services at the nearby Sunrise Dam gold mine as well as at Roy Hill, Cape Preston and Karara iron ore mines. "Downer is very pleased to have been awarded this contract and we look forward to working closely with the Gruyere Gold Project team to help them develop this new mine safely and successfully," Mr Fenn said on Wednesday.
Adani Enterprises Ltd. will build Australia’s largest coal mine by itself after canceling a planned A$2 billion ($1.5 billion) deal with Australia’s Downer EDI Ltd. to help construct the Carmichael project ...
India's Adani group has cancelled all contracts awarded to a major contractor for its controversial Carmichael coal mine after deciding to develop the project on its own. Engineering group Downer EDI on Monday said it had mutually agreed with Adani to end all contracts awarded to it since 2014. The decision comes at a time when the Indian group has been struggling to secure funding for the first stage of the Carmichael project, that is in the north of the Galilee Basin in Central Queensland.
A joint venture between engineering group Downer EDI and Ausenco has secured a contract for engineering, procurement and construction work at Oz Minerals' Carrapateena copper gold mine project in South ...
Shares in Downer EDI have jumped after the engineering group lifted its full-year profit because of larger-than-expected cost savings uncovered following its purchase of Spotless. Downer, which owns 87.8 per cent of the property services firm after a lengthy takeover struggle, upgraded its net profit guidance to $195 million from April's $190 million following a review that identified $25 million of cost savings and "significant" revenue opportunities. The hit includes redundancy and transaction costs, a goodwill impairment against Spotless' laundries business, and a write-off of business at the new Royal Adelaide Hospital.
Engineering group Downer EDI has upgraded its full-year profit guidance after identifying larger-than-expected cost savings following its purchase of a 87.8 per cent stake in Spotless. Downer upgraded its net profit guidance to $195 million, from April's $190 million, after a review identified $25 million of cost savings. Revenue opportunities are also significant and continue to increase, Downer says.