Downer EDI a ‘winner’ in sustainable world, says CEO
Key Points
- Revenue ($m) 11,584.1 down 9.1% from year-earlier 12,742.7
- EBIT ($m) 334.8 versus year-earlier -41.3
- Net profit ($m) 181.6 versus year-ago -150.3
- Final dividend of 12c payable on September 23
Sustainability is now “front and centre” of business, Downer EDI chief executive Grant Fenn said, as healthy profits from transport projects swung the services group back into the black with an annual net profit of $182 million.
Concerns around sustainable business practices had “significantly accelerated” since the COVID-19 outbreak and Downer was spending a lot of time discussing them, Mr Fenn told The Australian Financial Review.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Infrastructure
Fetching latest articles