Monday 10 March 2014

Downer faces challenging year - article

Company CEO - Grant Fenn states, "It is expected that the 2014 financial year will be characterised by a reduction in new major capital works in the resources sector (and) a greater emphasis by mining customers on optimising their volumes and cost of production," he said.  "As a result, there is a higher level of uncertainty in revenue for the 2014 financial year than in the prior year."
Read the full article.
This information is also in the 2013 annual report.

http://news.smh.com.au/breaking-news-business/downer-edi-expects-a-challenging-year-20130806-2ray7.html

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