Australia's Downer EDI hits more than 5-year high on strong FY results, outlook

DOWNER EDI

21/08/2025 02:13

** Downer EDI DOW.AX rises as much as 7.2% to A$7.43, highest since February 11, 2020

** Integrated infrastructure services firm sees improvement in FY26 underlying earnings, EBITA margin

** But sees FY26 underlying revenue flat to slightly lower than FY25

** FY underlying NPATA jumps 33% y/y

** Declares higher final dividend of 14.1 AU cents/share vs year-ago 11 AU cents/share

** DOW last up 6%, taking YTD gains to ~39%

($1 = A$1.5545)

 (Reporting by Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com;))