Downer EDI (DOW)

Shares / Stock Code

DOW

Stock Exchange / Sharemarket

Australian Securities Exchange

Downer EDI Limited (DOW) is a company engaged in the provision of infrastructure management services and comprehensive engineering services to private and public power, rail, road, mining, resource and telecommunications sectors in Australia, Asia, Europe, New Zealand and United States. DOW was listed on the Australian Stock Exchange on the 20th of December 1990. Its average annual revenue reaches approximately $5 billion out of its issued capital of $607 million. Its headquarters is located in Sydney, Australia and to date; around 2,570 people are employed in the company. Downer EDI Limited operates mainly in four business segments: engineering, infrastructure, rail, mining and resources.

The engineering segment of Downer EDI Limited is comprised of the engineering division of the company. This segment specialises in process engineering, power and telecommunications. Included in the worldwide services this segment provides are design and project management as well as the facilities management services.

The infrastructure segment of DOW is in charged of the company's operation through Works Infrastructure where it provides preventative maintenance, routine maintenance, and other construction services to the rail and road sectors both in Australia and in New Zealand. Moreover, this segment also provides other services such as waste reticulation and treatment, sewage and wastewater reticulation and treatment, landfill operation and refuse disposal, tendering of reserves and parks, urban environmental activities and these services are given mostly to the local government.

The rail segment of Downers in engaged in the design, manufacturing, refurbishment, overhauling as well as maintenance of the electric locomotives, diesel electric locomotives, rail wagons, electric and diesel multiple units, rolling stock and traction motors. This segment operates through the EDI Rail.

The mining and resources segment of the company carries out its operations through the mining and minerals processing services provider, Roche Mining. Through this, the segment is capable of providing services such as process design, mine design, operations, construction and maintenance.

Downer EDI Company History

Downer Construction was the name of Downer EDI when it was first established in 1933 in New Zealand. It became Cable Price Downer after 30 years when Cable Price took it. Downer separated in 1989 and joined Honk Kong’s listed company Paul Y. ITC in 1994. The company had a lot of achievements like works Civil Construction and Works Geothermal from the New Zealand Government, Century Drilling and Roche Bros in 1996 and 1997. It became Downer EDI in 2001 after it was listed on the Australian Stock Exchange in 1998.

Downer EDI got CPG, a facilities and project management, and engineering consultancy company and went on to purchase and manage the electrical and facilities businesses of ABB in Australia and Hong Kong disposing its 49% investment in 2003. After selling its Walkers sugar business and foundry business in Maryborough, Queensland, the company bought Australian electrical and maintenance businesses and Civil Construction Services.

QCC Resource was taken by Roche Mining in April 2004. The company Works Infrastructure got Pavement Technology from Adelaide Brighton in May 2004 and in December 2004, Snowden Consulting Group joined Downer EDI group of companies.

Downer EDI’s castings foundry business Roche Castings Pty Ltd was sold to Bradken Limited in 2005 but the company got Dufill Watts King group of companies. In addition, multi-disciplined firm Coomes Consulting Group became part of the company. EDI Rail and SCT Logistics spent about $75million when they signed an agreement to design, supply and maintain 11 locomotives.

Emoleum was finally taken by Downer in April 2006. Century Resources partnered with Premier Oil and Canoro Resources in October 2006 to explore and develop work in north east India. EDI’s mining division finally signed a pact with Xstrata Coal in November 2006. April 2007 was the attainment of two new consulting businesses in New Zealand. Downer Engineering got agreements in the Pilbara region of Western Australia amounting to $200 million. The company started a new branding portfolio in July 2007. Downer EDI Rail with BHP Billiton Iron Ore and Rio Tinto Aluminum spent $75 million in supplying 15 locomotives in August 2007. In December 2007, MB holding bought Downer Century Resources. Peabody Pacific chose Downer EDI mining to be its tenderer. Mr. Geoff Knox was appointed as the Chief Executive Officer in the same month. The dispute between the parties at Coppabella mine was resolved. In January 2008, Mr. Peter Jollie was chosen as the Chairman of the company by the Board of Directors.

Downer EDI (DOW) Products and Services

  • Engineering services
  • Mining services
  • Consulting and resource services
  • Infrastructure management services
  • Maintenance services

Downer EDI Limited Competitors

  • Leighton
  • United Group
  • Transfield Services
  • Clough
  • GRD Ltd
  • Henry Walker Eltin Group Limited

Downer EDI (DOW) Locations and Subsidiaries

Downer EDI Head Office
Level 3
190 George St
Sydney NSW 2000
Phone: (02) 9251 9899
Fax: (02) 9251 4845

Downer EDI Subsidiaries

Roche Highwall Mining Pty Ltd
Downer Construction (New Zealand) Limited
Downer Group Services Ltd
Nikfinn Pty Ltd
Works Infrastructure Limited
AWP Contractors Pty Ltd - t/a CSR-AWP Contractors
Garden Drilling Pty Ltd
Downer Construction (Hong Kong) Limited
Roche Equipment Pty Ltd
Downer Engineering (Singapore) Pte Ltd
Scanbright Pty Ltd
Rayfall Pty Ltd
Faxgroove Pty Ltd
Beckbell Pty Ltd
Downer Group Construction (Malaysia) Sdn Bhd
Downer & Company Limited - NZ
Downer Engineering Group Pty Ltd
Starblake Pty Ltd
Rayjune Pty Ltd
Downer MBL Pty Ltd
Downer Construction (Australia) Pty Ltd
Downer Construction (Fiji) Limited
Downer Construction Australia Pty Ltd
Evans Deakin Industries (New Zealand) Ltd
Century Drilling Limited - t/a Century Resources
Works Infrastructure Pty Ltd - t/a Downer EDi Works
MBL South America Limited
Jencode Pty Ltd
Downer Holdings Pty Ltd
DCC Company Limited
Paul Y Construction (Malaysia) Sdn Bhd
MacarthurCook Limited
Downer Engineering Group Pty Ltd
Paul Y Construction (Singapore) Pte Ltd
Downer Mining Asia Limited
Roche Mining Pty Ltd
B & D Doors (Qld) Pty Ltd
Downer Construction PNG Limited
MD Mineral Technologies South Africa Pty Ltd
DGL Investments Ltd
Roche Bros Superannuation Pty Ltd
McClunie Birch Limited
Technic Industries Limited
Downer Engineering Ltd
Roche Bros (PNG) Ltd
McClunie Birch Australia Ltd Limited
Roche Bros (Hong Kong) Ltd
DCE Limited
McClunie Birch Australia Ltd Limited
Downer Construction Tonga Ltd
Downer Connect Limited
Roche Bros (Queensland) Pty Ltd
Warner-Wright Pte Ltd
Eco-Energy Solutions Pty Ltd
Downer Group Finance Pty Ltd

Other Downer EDI Details

Downer EDI Year Established: 1989
ACN: 003 872 848
D-U-N-S: 751584327
ABN: 97003872848
Previous Company Names:Downer Group Limited

Downer EDI (DOW) Share Price

Submitted by Share Trading on 27 June, 2008 - 18:06

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