DOW 1.04% $5.82 downer edi limited

News: Downer EDI on track for growth

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    Downer EDI Limited (ASX:DOW) has reported an 11 per cent rise in first half net profit to $94 million.   


     


    Despite manufacture delays in its rail business, all three of the infrastructure giants’ divisions performed strongly. 


     


    Looking ahead, the company expects to grow its profits, and to deliver a $210 million full year result year.  


     


    Investors missed out on an interim dividend last year, but will this time receive an interim dividend of 10 cents, 70 per cent franked.

 
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