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Downer EDI’s 1H25 Turnaround Boosts Earnings Amid Revenue Dip
8:52am on Thursday 13th of February, 2025 AEDT
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Construction
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Downer EDI’s 1H25 Turnaround Boosts Earnings Amid Revenue Dip
8:52am on Thursday 13th of February, 2025 AEDT
Key Points
Pro forma EBITA up 37% to $204.4 million
Statutory NPAT increased 4.7% to $75.5 million
Revenue declined 5.2% due to divestments and market softness
Cost reduction program on track with $180 million annualised savings
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