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Month: January 2020

Downer (DOW) -18.6%; the big service contractor was also whacked today after downgrading NPAT for the year. The company was forced to take a knife to expectations as a result of a number of loss making contracts in their Engineering, Construction and Maintenance division with net costs to complete these projects increased by $43m whilst also […]

  • Posted in ASX:DOW
  • Comments Off on Downer (DOW) downgrades

**This is an extract from the Market Matters Morning Report from 20 January. Subscribers have the opportunity to ask questions of the Market Matters team throughout the week. Click here to get access to the full report and more Question 2 “Hi Just a question for your next report. I’m looking at Abacus (ABP) as […]

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