Downer EDI Ltd
DOW: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| J | LOCK|mJG | LOCK|#<#pQ# |
Downer: Recent Contract Awards Affirm Improved Operational Discipline
Urban services company, Downer, secured new long-term field service contracts with Chorus and Powerco in New Zealand to end fiscal 2025. Shares have risen nearly 90% since early 2023 lows, supported by ongoing contract awards and strong margin improvement.
