Downer EDI logo

DOW - Downer EDI News Story

A$5.06 -0.1  -1.0%

Last Trade - 3:10am

Sector
Industrials
Size
Mid Cap
Market Cap £2.01bn
Enterprise Value £3.02bn
Revenue £6.72bn
Position in Universe 141st / 1898

BUZZ-Australia's Downer EDI gains most in about 2 weeks on Telstra contract

Wed 20th January, 2021 12:22am
** Shares of Downer EDI  DOW.AX  rise as much as 3.4% to
A$5.54, their biggest intraday pct jump since Jan 7 
    ** The engineering contractor says it received field
services contract worth A$330 mln ($254.33 mln) from telco
Telstra Corp  TLS.AX  for a maximum term of five years
 urn:newsml:reuters.com:*:nFWN2JU0TS 
    ** Under contract, Downer to provide network asset
relocations, wideband business services and continue roll-out of
5G mobile among other services
    ** Stock up 0.6% this year, as of last close
    

 (Reporting by Ananya Pande in Bengaluru)
 ((ananya.pande@thomsonreuters.com))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.