AusRAIL, Market Sectors

Downer EDI makes record profit

<p>Downer EDI has made a record $56.4m profit after tax for the year ended June 30, 2002.</p> <p>This result was 24% higher than the previous year.</p> <p>The company’s forward order book reached a high of $4.5bn at year end, up 22% and reflecting increases in the core operating areas of mining, rail, telecommunications and power.</p> <p>Turnover from the rail division increased 145% to $428.4m during the year and around $1bn in rail rollingstock supply and maintenance contracts were secured during the year.</p> <br />