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News: Downer EDI profit slightly up

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    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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