|Bid||6.41 x 0|
|Ask||6.67 x 0|
|Day's range||6.49 - 6.55|
|52-week range||5.17 - 7.42|
|PE ratio (TTM)||43.25|
|Earnings date||31 Jan. 2018 - 5 Feb. 2018|
|Forward dividend & yield||0.32 (4.73%)|
|1y target est||7.62|
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.