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Downer EDI Limited (ASX:DOW)

ALERT: Price-sensitive ASX Announcement for DOW
Current share price for DOW : $6.590 -1.14 (-14.75%)+
Announcement
Release
19 Feb 2026 8:51AM
Price at Release
$7.730
Full Release
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Summary
Downer EDI Limited delivered strong financial results for the first half of the 2026 financial year, achieving a 4.6% EBITA margin and a 30% increase in statutory NPAT to $98 million. The company reported a 7% growth in underlying NPATA to $136.1 million and an 11.2% increase in underlying EBITA to $227.1 million. The results were supported by a disciplined approach to revenue quality and cost management, with ongoing portfolio simplification efforts. Despite a slight decline in revenue, work-in-hand increased significantly, positioning the company for future growth. Downer also declared a fully franked interim dividend of 12.9 cps, reflecting its commitment to shareholder returns. The strategic focus remains on expanding margins and enhancing contract performance across sectors including transport, energy, utilities, and facilities.
Key Points
  • EBITA margin increased to 4.6%, exceeding the management target.
  • Statutory NPAT rose by 29.8% to $98 million.
  • Underlying NPATA grew by 7% to $136.1 million.
  • Underlying EBITA increased by 11.2% to $227.1 million.
  • Downer continues its portfolio simplification strategy.
  • Revenue slightly declined but work-in-hand increased by 8.9%.
  • Declared a fully franked interim dividend of 12.9 cps.
  • Focus remains on enhancing margins and contract performance.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.