Downer hit by mining slowdown

Maintenance and engineering firm maintains 'flat' guidance as rail business adjusts.

Engineering and maintenance firm Downer EDI (DOW) says it will take some time for its rail business to adjust to the slowdown in the mining sector.

The company also said it still expects to deliver a "flat" underlying net profit in the 2014 financial year.

Downer supplies and maintains passenger and freight train rolling stock in Australia.

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