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...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

The Economist
House prices braced for a storm
The Economist | Mon, 27 Jun 2022

The pain of rising mortgage repayments will be harder to bear in some places than in others, for example, in NZ and Australia.  

The Economist
NATO holds its most important summit in generations
The Economist | Mon, 27 Jun 2022

Jacinda Ardern becomes the first NZ prime minister to attend a NATO summit, this week in Madrid. The meeting marks a crucial moment in the alliance's approach to both Russia and China, says The Economist.

The $200m question: funding free public transport in Auckland
Oliver Lewis | Mon, 27 Jun 2022

A new report outlines four possible solutions to a $200m question.

Investments to sustain the momentum of building in NZ

Classic Capital has opened its Land & Build fund to qualified wholesale and eligible investors.

High water marks: Watercare raises the tide on sustainability

The No.1 barrier to decarbonisation for NZ organisations is accurate measurement, says Microsoft’s Accelerating the Journey to Net Zero report.