Markets: Off to a Downer

Mining services, infrastructure and rail company Downer EDI says 2014 profit won't rise, a forecast which is expected to be repeated throughout the sector.

First: the good news for Downer EDI. Stripping out a provision in relation to its work on a Singapore tunnel, the infrastructure, mining services and rail company said its net profit increased 10 per cent to $215.4 million.

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