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DOW Downer Edi Limited

4.57
-0.03 (-0.65%)
Last Updated: 03:09:58
Delayed by 20 minutes
Share Name Share Symbol Market Type
Downer Edi Limited ASX:DOW Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.03 -0.65% 4.57 4.56 4.57 4.62 4.55 4.61 87,292 03:09:58

Downer EDI Secures Contracts Valued At More Than A$400 Million

10/11/2009 3:49am

Dow Jones News


Downer Edi (ASX:DOW)
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Australia's Downer EDI Ltd. (DOW.AU) said Tuesday that its engineering unit had secured contracts valued at more than A$400 million.

These include a two-year contract valued at A$170 million with Wesfarmers Ltd. (WES.AU) for the expansion of its Curragh Mine in Queensland state, and more than A$90 million worth of contracts with BHP Billiton Ltd. (BHP) for its Rapid Growth Phase 5 iron ore project in Western Australia state.

Sydney-based Downer also has secured more than A$70 million worth of electrical and instrumentation contracts for the Woodside Petroleum Ltd.'s (WPL.AU) Pluto LNG Project and additional electrical contracts with clients totaling more than A$75 million, it said in a statement.

The company's work-in-hand remains in excess of A$16 billion, Downer said.

-By Andrew Harrison, Dow Jones Newswires; 61-3-9292-2095; andrew.harrison@dowjones.com

 
 

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