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While Downer EDI Limited (ASX:DOW) might not be the most widely known stock at the moment, it saw a decent share price growth in the teens level on the ASX over the last few months. As a mid-cap ...
Major companies in the mining support activities market include CIMIC Group Limited; PT United Tractors Tbk; Downer EDI Mining-Blasting Services Pty Ltd; Barminco Ltd and Boart Longyear Ltd.
Downer EDI Limited (), might not be a large cap stock, but it saw a double-digit share price rise of over 10% in the past couple of months on the ASX.The recent jump in the share price has meant ...
Contracting giant Downer EDI has swung to a $385.7m loss as the group continues to struggle with the integration of its takeover of cleaner and caterer Spotless, prompting hefty write downs.
The sharp fall in the market valuation of services business Downer EDI means it could be worth more broken up, and speculation is that suitors are circling. Scandals put Downer EDI at risk of ...
Australian contractor Downer EDI Ltd said on Tuesday Malcolm Ashcroft will become its chief financial officer from July, after Michael Ferguson earlier this month decided to step down.
Downer EDI has sought to blame KPMG for failing to detect accounting irregularities, the disclosure of which wiped some $500 million from the contractor’s valuation, forcing the professional ...
Downer EDI Ltd said on Friday Chairman Mark Chellew has resigned and the Australian engineering contractor elected deputy Mark Menhinnitt as the acting chairman. 1 to 5 of 5. Site Index.
Downer EDI punished for overstating up to $40m in earnings. By Simon Johanson. December 8, 2022 — 3.10pm. Save. Log in, register or subscribe to save articles for later. Save articles for later.
We retain our AUD 5.60 fair value estimate for no-moat Downer EDI. Underlying first-half fiscal 2024 net profit after tax for the restyled urban services company increased 16% to AUD 68 million ...
Downer EDI overstated earnings across its last four fiscal years due to what the Australian engineering and construction firm called misreporting of revenue and work in progress at one of its ...
Downer EDI’s operations have been hit by the COVID-19 delta outbreak but the services group hopes “the worst is over”, chief executive Grant Fenn has told investors at the annual general ...