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Downer EDI Limited ( (AU:DOW) ) has provided an announcement.
Downer EDI Limited has secured a three-year extension to its gas services contract with AusNet Services, valued at approximately $200 million. This extension, starting in April 2026, underscores Downer’s successful decade-long partnership with AusNet, highlighting its commitment to safety, efficiency, and reliability in managing AusNet’s gas distribution network, which serves over 790,000 customers.
The most recent analyst rating on (AU:DOW) stock is a Hold with a A$5.77 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 various sectors, including roads, rail, ports, airports, power, gas, water, telecommunications, energy networks, health, education, and defense. Downer is one of the largest private sector employers in Australia and New Zealand, with over 26,000 employees.
Average Trading Volume: 1,093,951
Technical Sentiment Signal: Buy
Current Market Cap: A$4.23B
Learn more about DOW stock on TipRanks’ Stock Analysis page.