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Downer EDI Limited ( (AU:DOW) ) has shared an update.
Downer EDI Limited has secured a new 10-year contract with Urban Utilities to deliver water and wastewater infrastructure in South East Queensland. This contract, which begins in September 2025, will see Downer collaborating with Urban Utilities to implement a capital investment program, addressing the growing demand for water services due to population growth and upcoming events like the 2032 Olympic Games. The deal reinforces Downer’s market leadership in water services and highlights its engineering capabilities in managing infrastructure challenges.
The most recent analyst rating on (AU:DOW) stock is a Hold with a A$7.50 price target. To see the full list of analyst forecasts on Downer EDI Limited stock, see the AU:DOW Stock Forecast page.
More about Downer EDI Limited
Downer EDI Limited is a leading provider of integrated services across Australia and New Zealand, focusing on delivering and maintaining essential infrastructure. The company operates in sectors such as roads, rail, ports, airports, power, gas, water, telecommunications, energy networks, health, education, and defense. Downer is one of the largest private sector employers in the region, with a workforce of over 26,000 people.
Average Trading Volume: 1,249,431
Technical Sentiment Signal: Buy
Current Market Cap: A$4.67B
See more data about DOW stock on TipRanks’ Stock Analysis page.