Ann: Accounting irregularities in Utilities and trading update, page-19

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    Chanticleer

    Chanticleer

    Downer deserves investor fury over ‘irregularities’

    In corporate life, a company’s numbers are sacrosanct. The services group has broken that rule, and investors have rightly punished it.

    Dec 8, 2022 – 12.11pm



    If investors in Downer EDI were angry when they delivered a 56 per cent protest vote against the company’s remuneration report last month, then they would be absolutely furious after Downer abandoned its profit guidance for 2023


 
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