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Downer EDI Limited (ASX:DOW) has swung to a first half profit of $85 million from a loss of $105 million the year before.
The engineering company’s result was boosted by growth in its mining division.
In the last six months of 2011 Downer Mining generated a 79 per cent jump in revenue, coming in at $1.1 billion.
Downer EDI has confirmed it expects to deliver underlying EBIDTA of about $340 million and profit of about $180 million in the full 2012 financial year.
No interim dividend has been declared.
News: Downer EDI swings to H1 profit
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Last
$5.78 |
Change
-0.030(0.52%) |
Mkt cap ! $3.626B | |||
| Open | High | Low | Value | Volume |
| $5.84 | $5.87 | $5.78 | $2.891M | 498.7K |
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| No. | Vol. | Price($) |
|---|---|---|
| 5 | 12027 | $5.77 |
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| Price($) | Vol. | No. |
|---|---|---|
| $5.79 | 3922 | 2 |
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