Downer EDI on track for growth

Company News


Downer EDI Limited (ASX:DOW) has reported an 11 per cent rise in first half net profit to $94 million.   
 
Despite manufacture delays in its rail business, all three of the infrastructure giants’ divisions performed strongly. 
 
Looking ahead, the company expects to grow its profits, and to deliver a $210 million full year result year.  
 
Investors missed out on an interim dividend last year, but will this time receive an interim dividend of 10 cents, 70 per cent franked.

Subscribe to our Daily Newsletter?

Would you like to receive our daily news to your inbox?