Downer cut its FY20 profit guidance by $60mn to $300mn, representing an 18% cut.
The profit warning in Engineering & Construction, (ECM and Mining businesses), are likely short-term and we see value in the stock at $6.50
Downer cut its FY20 profit guidance by $60mn to $300mn, representing an 18% cut.
The profit warning in Engineering & Construction, (ECM and Mining businesses), are likely short-term and we see value in the stock at $6.50
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