Brief: Downer EDI Sees A Non-Cash, Pre-Tax Impairment Charge Of A$549.6 Mln For Year Ended 30 June 2023

DOWNER EDI

03/08/2023 02:27

Aug 3 (Reuters) - Downer EDI Ltd  DOW.AX :
    * SEES  TO RECOGNISE A NON-CASH, PRE-TAX IMPAIRMENT CHARGE
OF
A$549.6 MILLION IN ITS FINANCIAL RESULTS FOR YEAR ENDED 30 JUNE
2023
    * SEES FY STATUTORY NPAT LOSS OF APPROXIMATELY A$386 MILLION
    * SEES  FY UNDERLYING NPATA OF A$174 MILLION
    * REMAIN ON TARGET TO ACHIEVE OVERALL TRANSFORMATION COST
OUT
BENEFITS OF A$100 MILLION PER ANNUM IN FY25

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 ((Reuters.Briefs@thomsonreuters.com;))