News: Downer EDI swings to H1 profit

  1. lightbulb Created with Sketch. 1
    .

    Downer EDI Limited (ASX:DOW) has swung to a first half profit of $85 million from a loss of $105 million the year before.



    The engineering company’s result was boosted by growth in its mining division.



    In the last six months of 2011 Downer Mining generated a 79 per cent jump in revenue, coming in at $1.1 billion.



    Downer EDI has confirmed it expects to deliver underlying EBIDTA of about $340 million and profit of about $180 million in the full 2012 financial year.



    No interim dividend has been declared.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$7.26
Change
0.130(1.82%)
Mkt cap ! $4.875B
Open High Low Value Volume
$7.18 $7.31 $7.16 $49.98M 6.903M

Buyers (Bids)

No. Vol. Price($)
3 3037 $7.25
 

Sellers (Offers)

Price($) Vol. No.
$7.30 33699 4
View Market Depth
Last trade - 16.10pm 12/09/2025 (20 minute delay) ?
DOW (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.