Downer Edi
Downer EDI returns to profit on mining demand
Train manufacturer and engineering firm Downer EDI says strong gains in its mining division has helped it return to profitability.
Downer EDI sells Asian design unit for $147m
Downer EDI has sold its architectural and design business CPG Asia to China Architecture Design and Research Group for $147 million.
New boss aims to turn Downer EDI’s fortunes around
Adele Ferguson After years of problems, Downer EDI shareholders are out of pocket and out for blood.
Downer EDI on a downer to remember
Philip Wen and Adele Ferguson Downer EDI's battle to restore investor confidence and management credibility has taken another blow after a worse than expected full-year result.
Downer EDI off credit watch: Fitch
Ratings agency Fitch has resolved its negative rating watch on Downer EDI, praising the work of its new management team and playing down the impact of a troubled train project on the company's...
Downer EDI forced to turn to investors for $279m
Philip Wen THE embattled engineering contractor Downer EDI confirmed yesterday that it will undertake a capital raising to shore up its balance sheet after revealing further delays on the delivery of its...
Downer EDI reports $103.8 million loss
Downer EDI has reported a H111 net loss of $103.81 million, as it seeks $279 mln in new capital to help deal with the impact of the Waratah train project.
Downer EDI raises $200mn from institutions
Downer EDI says it has successfully completed the institutional component of a capital raising.
Downer EDI off credit rating watch
Ratings agency Fitch resolves its negative rating watch on Downer EDI Ltd.
IMF to fund claim against Downer EDI
IMF is proposing to fund shareholder claims against Downer EDI related to the NSW train contract.
Downer EDI takes $250mln charge on Waratah
Heavy engineer Downer EDI Ltd says it will take a $250 million in provisions on its books following further delays and disruptions to the Waratah train
Downer EDI sorry for 2010 results
The chairman of engineering group Downer EDI Ltd has apologised to shareholders for his company's disappointing 2010 result.
Downer EDI strengthens board
Downer EDI will strengthen its board from July 1 with the appointment of a new deputy chairman non-executive director and finance director
Downer EDI appoints new CEO
Downer EDI has appointed chief financial officer Grant Fenn to be the new chief executive, following the resignation of Geoff Knox last week.
Downer EDI signs contracts worth $2b
Engineering firm Downer EDI has signed contracts worth about $2 billion with the BHP Billiton-Mitsubishi Alliance.
Downer EDI says it has ample funds
Engineering group Downer EDI says it has ample funds despite reports saying that the company had ordered payments to be withheld to meet cashflow targets.
Downer EDI train project under pressure
Engineering group Downer EDI says the potential default of one of its loan guarantors has not risked funding needed to complete the Waratah train project.
Downer EDI wins broadband design contract
Engineering firm Downer EDI says it has been contracted to provide telecommunications network design services to NBN Co for its First Release Site pilot programme.
Loan for BMW at centre of Downer EDI dispute
Vanda Carson Failure to repay a company loan and claims of unauthorised cash payments are focus of legal dispute.
Downer EDI preferred tenderer for FMG
Downer EDI says it has been awarded preferred tenderer status on a six-year contract with Fortescue Metals Group for a $3b WA iron ore project.
