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News: Downer EDI wins $200M of contracts

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    Downer EDI Ltd (ASX:DOW) has secured an additional $200 million worth of contract wins.

    The news comes just one week after Downer announced its Works division would receive $280 million in revenue from road maintenance work.

    CEO Grant Fenn says the latest announcement builds on recent significant contract wins across its key operating sectors.

    The most recent wins have been awarded to Downer's Consulting division, Blasting services and Works business.

    In New Zealand Downer has also secured over $NZ150 million of work, largely in the transport and water sectors for government customers, as well a major civil site works contract for BP Oil New Zealand.

    Downer EDI's profit fell to just over $3 million in the 2010 financial year.
 
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