News: DOW Downer Edi Announces A$400 Mln Equity Raising

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    July 21 (Reuters) - Downer EDI Ltd (DOW) :

    • STATUTORY FY20 NPAT LOSS EXPECTED TO BE IN RANGE OF $150 - $160 MILLION
    • EXPECTS TO REPORT UNDERLYING EBITA OF $410 - $420 MILLION AND UNDERLYING NPATA OF $210 - $220 MILLION FOR FINANCIAL YEAR ENDED 30 JUNE 2020
    • DOWNER EDI ANNOUNCES A$400 MILLION EQUITY RAISING TO STRENGTHEN BALANCE SHEET
    • EXPECTS TO RECOGNISE $386 MILLION OF CHARGES OUTSIDE ITS UNDERLYING RESULT IN RELATION TO GOODWILL IMPAIRMENT, RESTRUCTURING
    • RAISING THROUGH A 1 FOR 5.58 FULLY UNDERWRITTEN ACCELERATED NON-RENOUNCEABLE PRO-RATA ENTITLEMENT OFFER
    • REVIEWING PROSPECTS OF HOSPITALITY BUSINESS TO DECIDE WHICH PARTS OF WILL CONTINUE, BE EXITED OR SOLD
 
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Last
$7.31
Change
0.180(2.52%)
Mkt cap ! $4.855B
Open High Low Value Volume
$7.18 $7.31 $7.16 $41.31M 5.711M

Buyers (Bids)

No. Vol. Price($)
29 7198 $7.30
 

Sellers (Offers)

Price($) Vol. No.
$7.31 572 8
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