Downer EDI profit slightly up

Company News


Downer EDI Limited (ASX:DOW) has delivered a net profit of just over $99 million, 5.4 per cent higher than the same period a year ago.

Revenue was $3.76 billion for the six months to December 31, down 17 per cent from the previous corresponding period.
 
EBIT came in just over $160 million, compared to $169 million during the same period a year ago.
 
The group declared a partially franked interim dividend of 11 cents.
 
Downer described the first half of the fiscal year as a period of consolidation rather than growth.

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