Downer EDI Limited has been awarded a road maintenance contract by Hamilton City Council in New Zealand, valued at up to $540 million over a maximum term of 10 years.
The contract includes asset management, surfacing and renewals for road corridors, footpaths, bridges, culverts, lighting and on-road cycle lanes.
Downer has a long relationship with Hamilton City Council and the contract strengthens its position as the market leader in road services.
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The CEO says Lyttelton Port does not generate sufficient returns on its capital base.
Embattled broadcaster Sky TV is losing its chief financial officer with immediate effect.The pay-TV operator, facing a barrage of customer anger over poor satellite reception in recent weeks, announced the resignation of Ciara McGuigan on Wednesday.Her departure, effective immedi...
Falling market share and margins in the broadband market look entrenched.
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