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Downer EDI Limited (ASX:DOW)

ALERT: Price-sensitive ASX Announcement for DOW
Current share price for DOW : $6.550 -0.9 (-12.08%)+
Announcement
Release
20 Aug 2026 9:24AM
Price at Release
$7.450
Full Release
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Summary
Downer EDI Limited reported its FY26 results, highlighting a 6.1% increase in underlying EBITA to $502.9 million and a 9.8% rise in underlying NPATA to $306.7 million. The company achieved a 5.1% EBITA margin, exceeding its management target over the FY25-FY26 period. Revenue decreased by 4.6% to $9.9 billion, mainly due to foreign exchange impacts and strategic focus on quality revenue. Significant achievements included strong cash conversion, a reduction in net debt, and portfolio simplification. A final fully franked dividend of 16.3 cents per share was declared. The company remains optimistic about future growth, targeting revenue and earnings growth in FY27, particularly in the second half, supported by key contract awards and ongoing infrastructure projects.
Key Points
  • 6.1% increase in underlying EBITA
  • 9.8% rise in underlying NPATA
  • 5.1% EBITA margin achieved
  • Revenue decreased by 4.6%
  • Strong cash conversion
  • Reduction in net debt
  • Final dividend of 16.3 cents per share
  • Positive outlook for FY27
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.