Fitch Revised Outlook on Downer to Stable; Affirms at ‘BBB”
Fitch Ratings have revised its outlook on Downer EDI Limited (ASX: DOW) to Stable from Negative and affirms their issuer rating at ‘BBB’.
We attach a copy of the Fitch Ratings Report.
Authorised for release by Downer’s Chief Executive Officer.
Stats NZ data showed NZ's gross domestic product fell 0.9% in the June quarter.
A ‘gold standard’ approach and siloed structure slow the ComCom down.
Economists expect NZ GDP to shrink 0.3% in the June quarter after March growth.
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