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DOW - Downer EDI News Story

A$5.47 -0.1  -1.4%

Last Trade - 7:10am

Sector
Industrials
Size
Mid Cap
Market Cap £2.14bn
Enterprise Value £3.13bn
Revenue £6.57bn
Position in Universe 132nd / 1911

BRIEF-Downer EDI Updates On Claim Commenced By Downer Against John Holland Pty And Others

Tue 20th March, 2018 3:41am
March 20 (Reuters) - Downer Edi Ltd  DOW.AX :
    * ‍RECEIVED DECISION OF NEW SOUTH WALES SUPREME COURT OF A
CLAIM
COMMENCED BY DOWNER AGAINST JOHN HOLLAND PTY LTD AND OTHERS​
    * DOWNER'S CLAIM WAS NOT SUCCESSFUL
    * COSTS TO BE EXPENSED AS INDIVIDUALLY SIGNIFICANT ITEM IN
FINANCIAL STATEMENTS FOR YEAR ENDED 30 JUNE 2018​
    * ‍HAS INCURRED LEGAL AND OTHER COSTS OF APPROXIMATELY $25
MILLION
WHICH IT HAD EXPECTED TO RECOVER AS PART OF PROCEEDINGS​

Source text for Eikon:  urn:newsml:reuters.com:*:nASX8FdZgz
Further company coverage:  DOW.AX 

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