Downer Group Investors

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2009

  1. KDR starts as the new Yarra Trams operator

    30/11/2009

    KDR (Keolis Downer EDI Rail) today commenced as the new operator of Yarra Trams and the Melbourne tram network.

  2. Downer EDI Organisational Development

    30/10/2009

    Downer EDI Managing Director, Geoff Knox today announced that Eric Kolatchew has been appointed as Chief Executive Officer of Downer EDI Engineering, commencing January 2010.

  3. Downer EDI Mining secures a further $170 million in contracts

    19/10/2009

    Downer EDI Limited (Downer EDI) today announced its Mining division has secured a further $170 million in contracts this financial year.

  4. Final Director’s Interest Notice

    15/10/2009

    Appendix 3Z - Final Director’s Interest Notice

  5. Downer EDI Annual General Meeting

    15/10/2009

    SYDNEY: Downer EDI Managing Director, Geoff Knox today confirmed the Group’s work-in-hand of over $16 billion.

  6. Fitch upgrades Downer EDI to 'BBB'; Outlook Stable

    6/10/2009

    Fitch Ratings-Sydney/Singapore-02 October 2009: Fitch Ratings has today upgraded Downer EDI Limited's (Downer) Long-term foreign currency Issuer Default Rating (IDR) to 'BBB' from 'BBB-'. The Outlook is Stable. At the same time, Fitch has upgraded the rating of all senior unsecured debt issued or guaranteed by Downer, including debt issued by Downer Group Finance Pty Ltd and
    Works Finance (NZ) Ltd to 'BBB' from 'BBB-'. The upgrades follow a review of Downer's 30 June 2009 year-end results.

  7. Kujika Consortium short-listed for Sydney Metro

    1/10/2009

    The NSW Government today announced the Kujika Consortium has been short-listed to continue the tender process for the Integrated Metro Operations (IMO) for Sydney Metro.

  8. Retirement of Director

    9/9/2009

    The Board of Directors of Downer EDI Limited (Downer EDI) advises that Peter Coates AO has confirmed his intention to retire at the 2009 Annual General Meeting due to the time commitments of his other business interests and directorships.

  9. Over $500 Million of Mining Wins for Downer EDI

    8/9/2009

    Downer EDI Limited (Downer EDI) today advised its Mining division has secured new contracts and work under management with major international clients totalling over $500 million.

  10. Victorian Government Confirms KDR as Franchisee for Melbourne's Trams

    31/8/2009

    The Victorian Government today announced KDR, Downer EDI’s joint venture with international transport operator Keolis, as the successful franchisee for the Melbourne tram network, a contract valued at approximately $2.8 billion over eight years.

  11. Downer Expands its Mechanical, Construction and Maintenance Business

    28/8/2009

    Downer EDI Limited (Downer Group) today announced it has signed a conditional agreement to acquire Western Construction Co, a leading provider of specialised mechanical fabrication, construction and mechanical maintenance services to the oil and gas and resources sectors.

  12. Downer Settles Iluka Claim

    28/8/2009

    Downer EDI Limited (Downer Group) today advised it has reached a settlement with Iluka Resources Limited (“Iluka”) in relation to the dispute over the construction of the first stage of Iluka’s Murray Basin operations, completed in early 2007. Under the terms of the settlement agreement, Iluka will pay Downer Mining $9 million and the current proceedings in the Victorian Supreme Court will be discontinued with each party bearing its own legal costs.

  13. Downer EDI Delivers $189.4 Million NPAT With Work-In-Hand Of $14.6 Billion

    20/8/2009

    HIGHLIGHTS

      •  Safety performance - LTIFR: 12-year low of 1.2 per million hours worked
      •  Net profit after tax of $189.4 million, an increase of 14.2%
      •  Total revenue of $5.9 billion an increase by 6.3%
      •   EBIT was $304.8 million, an increase of 8.4%
      •  Solid operating cash flow of $336.5 million, an increase of 21.9%
      •  Sound balance sheet with gearing of 38.9%
      •  Earnings per share of 57.9 cents, an increase of 12.9%
      •  Full year dividend per share of 29 cents an increase of 13.7%
      •  Work-in-hand remains strong at $14.6 billion

  14. Offer of Works Bonds in New Zealand Closed Fully Subscribed

    14/07/2009

    Downer EDI Limited (Downer) is pleased to announce that the Offer of Works Bonds has closed fully subscribed for NZ$150 million. The successful issue of Works Bonds continues Downer’s capital management strategy of diversifying its funding sources and extending its debt maturity profile. The proceeds of Works Bonds will be used to refinance debt on maturity and other general corporate purposes within the Downer group.

  15. Downer EDI Appoints New Chief Financial Officer

    1/07/2009

    Downer EDI Managing Director, Geoff Knox today announced that Grant Fenn has been appointed as Group Chief Financial Officer (CFO), commencing 2 October 2009.

  16. Offer of Works Bonds in New Zealand - Amendment

    30/06/2009

    We refer to the combined Prospectus and Investment Statement for the offer of Works Bonds, (being three-year, fixed rate, unsubordinated, unsecured debt securities) dated 27 May 2009 ("Offer Document"), as amended on 28 May 2009. We advise that the Offer Document has been revised today to include the admission of Works Finance (NZ) Limited (Works Finance) as a guarantor under Downer EDI Limited’s (Downer) senior unsecured debt facilities.

  17. Sydney's Newest Train Moves Into Major Manufacturing Phase

    29/06/2009

    Downer EDI today announced that the major contractual design milestone on the NSW Rolling Stock Public Private Partnership (PPP) project has been achieved.

  18. Downer EDI To Be Awarded NZ$ 1 Billion Telecommunications Contract

    26/6/2009

     

    Downer EDI Limited (Downer) today confirmed it has been selected as a preferred bidder for a new contract with Chorus, New Zealand’s Telecom network access business, valued at approximately NZ$1 billion over 10 years.

     


  19. Victorian Government Announces Preferred Tenderer For Melbourne’s Tram Franchise

    25/6/2009

    The Victorian Government today announced KDR as the Preferred Tenderer for the Melbourne tram franchise.

    KDR is a joint venture between Keolis and Downer EDI Rail both of which are considered world leaders in the areas of safety, innovation, reliability and customer service.


  20. Works Finance (NZ) Limited – completion of bookbuild

    3/6/2009

    Downer EDI Limited (Downer) is pleased to announce that it has completed the bookbuild in relation to the offer to New Zealand resident investors to invest in Works Bonds. Works Bonds are new three-year, fixed rate, unsubordinated, unsecured debt securities maturing 15 September 2012 to be issued by Works Finance (NZ) Limited (Issuer), an indirectly wholly-owned subsidiary of Downer.

  21. Offer of works bonds in New Zealand

    27/05/2009

    Downer EDI Limited (Downer) is pleased to offer an opportunity for New Zealand resident investors to invest in an offering of Works Bonds. Works Bonds are new three year, fixed rate, unsubordinated, unsecured debt securities to be issued by Works Finance (NZ) Limited (Issuer). Works Bonds will mature on 15 September 2012.

  22. Downer EDI considers public offering in New Zealand

    22/05/2009

    Downer EDI Limited (Downer EDI) wishes to inform the market that it is considering making a
    public offering in New Zealand of fixed interest, unsubordinated, unsecured bonds, maturing
    in September 2012. The issuer would be its wholly-owned subsidiary, Works Finance (NZ)
    Limited.

  23. Downer EDI Completes $222 Million of funding

    20/05/2009

    Downer EDI Limited (Downer EDI) announced today that it has completed $222 million of funding as part of its ongoing capital management program. In keeping with its Treasury strategy, the Group has successfully raised additional funds from diversified funding sources and extended its debt maturity profile.

  24. Downer EDI selected as preferred alliance partner for solid energy’s Stockton mine in New Zealand

    14/05/2009

    Managing Director and CEO of Downer EDI, Geoff Knox, today confirmed the Company’s Mining Division has been selected by Solid Energy New Zealand Ltd as its preferred partner to negotiate an alliance arrangement to jointly manage and operate Stockton Opencast Mine in Buller from the beginning of October this year.

  25. New facility to provide $200 million boost for Hunter economy

    1/05/2009

    The NSW Minister for Transport, the Honourable David Campbell MP, today opened the much anticipated upgrade of Downer EDI’s Cardiff Rail Manufacturing Facility, which will support the largest ever rolling stock project in Australia.

  26. KDR submits tender for Melbourne’s Metropolitan Train Network Franchise

    7/04/2009

    The Keolis Downer EDI Rail joint venture, KDR, today submitted its tender for the Melbourne Metropolitan Train Network Franchise.

  27. Downer EDI acquires industrial instrumentation services business

    1/04/2009

    Downer EDI Limited (Downer EDI) today announced it has signed a conditional agreement to acquire Corke Ltd’s Instrument Engineering business (Corke), a leading provider of specialist industrial instrumentation services.

    Downer EDI Chief Executive Officer, Geoff Knox, said the acquisition, scheduled for settlement later this month, will provide the Group’s Engineering Division with a centre of excellence for industrial instrumentation services.

  28. Downer EDI secures $440 million alliance deal with Xstrata

    2/03/2009

    Downer EDI Limited (Downer EDI) today announced its Engineering Division has
    secured a contract with Xstrata Coal with a total works value of approximately
    $440 million for the development of a coal handling and preparation plant (CHHP)
    in the Upper Hunter Valley in New South Wales.

  29. Downer EDI delivers $85.4M NPAT and maintains solid order book

    27/02/2009

    HIGHLIGHTS
    • Safety performance - LTIFR: 1.63 per million hours worked
    • Turnover increased by 6% to $2.9 billion on pcp
    • Net profit after tax of $85.4 million, an increase of 4% on pcp
    • Fourth consecutive half of solid operating cash flow at $155.4 million
    • Conservative balance sheet with gearing at 36%
    • Solid order book of $11.5 billion, an increase of 14% on pcp
    • No material change to FY09 guidance

  30. Downer EDI secures civil contracts for Singapore government valued at S$80 Million

    17/02/2009

    Downer EDI today announced its Singapore Works Division has secured three civil contracts with the Singapore Government’s Land Transport Authority (LTA) to widen the country’s Central Expressway (CTE).

  31. Downer EDI announces new $200 Million Rail Contract for QR

    13/02/2009

    Downer EDI Limited (Downer EDI) today announced that the Downer EDI Bombardier joint venture has received an order for an additional 20 three-car passenger trains from QR valued in excess of $200 million.