Downer EDI's pain remains as shares slump 11% on weak 2016 profit outlook
Jenny WigginsInfrastructure reporter
Updated
Downer EDI chief executive Grant Fenn says companies selling services to the resources industry are "in pain", after the contractor delivered a weak profit forecast for 2016.
"It is a tough market and all of us are in pain to some degree, whether it be the miners or the mining services," Mr Fenn said.
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Jenny Wiggins writes on business, specialising in infrastructure, telecommunications and transport. Connect with Jenny on Twitter. Email Jenny at jwiggins@afr.com
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