Chairman's Report
CEO's ReportHighlights
- Safety performance - LTIFR: record low of 1.20 per million hours worked
- Net profit after tax of $189.4 million, an increase of 14.2% on pcp
- Fifth consecutive half of solid operating cash flow at $336.5 million up 21.9%
- Conservative balance sheet with gearing of 38.9%
- Dividend per share of 29 cents, an increase of 13.7%
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Company Results
The Downer Group has again delivered a solid result, meeting guidance with a fifth consecutive half of solid operating cash flow, a sound balance sheet and a record order book, clearly demonstrating the robustness of the Group’s business strategy.
The Group’s commitment to Zero Harm remains fundamental to the way we operate. Our LTIFR is at a historical low of 1.2, however we are reminded daily of the challenging environments in which we operate and we remain vigilant in our efforts to achieve health, safety, sustainability and environmental excellence.
Business Momentum
Divisions in Brief
Consulting
Downer EDI’s Consulting division has been designing public buildings and played a key role in developing the physical infrastructure in Singapore for more than a century.
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Engineering
With more than 7,000 employees, Downer EDI’s Engineering division is a leader in its field, providing a comprehensive range of engineering services to the energy, infrastructure and resources sectors.
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Rail
Downer EDI’s Rail Division is the leading provider of design, build and maintenance services for passenger cars, locomotives and wagons in Australia.
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Mining
Downer EDI’s Mining division has been successfully delivering civil earthmoving and contract mining services to an impressive list of global clients for almost 90 years.
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Works
Downer EDI’s award-winning Works division provides a range of asset development, management and maintenance services to the critical infrastructure of cities and nations throughout the Asia Pacific region.
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