Downer lifts NZ, Pacific revenue 10% as projects ramp up

Wed, 05 Aug 2015

By Paul McBeth Aug. 6 (BusinessDesk) - Downer EDI, the Australian-based infrastructure and mining firm, lifted revenue 10 percent from New Zealand and the Pacific as a number of projects came on stream and it benefited from favourable foreign exchange rate movements. Revenue rose to A$1.27 billion from $1.15 billion across New Zealand and the Pacific, the Sydney-based company said in a statement. Of that, Downer's New Zealand infrastructure unit, which designs, builds and maintains roads, telecommunication services and other utilities, in...

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