The Australian:
DOWNER EDI has foreshadowed more delays and cost overruns for the Waratah Train contract tendered by the NSW government.
The engineering group's shares were placed in a trading halt ahead of announcement by the company about the contract.
The company said the announcement will be in relation to a delay to presenting the first train set to NSW for practical completion, production delays to subsequent trains sets due to asbestos contamination at a factory, and "manufacturing production schedule and project costs".
Downer also said it would outline its manufacturing production schedule and project costs.
It expects to make an announcement by Thursday morning.
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| Open | High | Low | Value | Volume |
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