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Downer EDI Limited ( (AU:DOW) ) just unveiled an update.
Downer EDI Limited reported a decrease in total revenue and other income for the half-year ended 31 December 2024, with a drop of 6.5% compared to the previous year. Despite the decline in revenue, the company saw improvements in its underlying earnings before interest, tax, and amortization, which rose by 35.7%. The interim dividend per share increased significantly, reflecting Downer’s strategic positioning to enhance shareholder value amidst challenging market conditions. The dividend reinvestment plan has been suspended, a move that may impact shareholder investment plans.
More about Downer EDI Limited
Downer EDI Limited operates within the infrastructure services industry, providing integrated services in Australia and New Zealand. The company focuses on urban services including transport, utilities, facilities, and asset management, catering to government and private sector clients.
YTD Price Performance: 6.41%
Average Trading Volume: 719
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €2.28B
For a thorough assessment of DOW stock, go to TipRanks’ Stock Analysis page.
