Downer EDI Ltd (NZSE:DOW)

NZ$ 5.65 0 (0%) Market Cap: 4.28 Bil Enterprise Value: 5.33 Bil PE Ratio: 55.83 PB Ratio: 1.86 GF Score: 72/100

Half Year 2022 Downer EDI Ltd Earnings Call Transcript

Feb 09, 2022 / 11:00PM GMT

Release Date Price: NZ$5.65

Transcript

Operator

Thank you for standing by, and welcome to the Downer half year results conference call. (Operator Instructions)

I would now like to hand the conference over to Grant Fenn, CEO. Please go ahead.

Grant Anthony Fenn

Downer EDI Limited - MD, CEO & Director

Well, good morning, everyone. Yes. My name is Grant Fenn, and I'm the Chief Executive Officer of Downer; and with me is Michael Ferguson, who is our Chief Financial Officer.

Now I'll begin with the highlights of the last 6 months and the priorities for the remainder of the year, then Michael will go through the financials in more detail and I'll then discuss the outlook before we open up the call for your questions.

So let's move to Slide 2, Highlights and Priorities. First of all, it's hard to talk about the last 6 months' results without acknowledging upfront the impact that COVID-19 and, in particular, Omicron has had on all businesses, including Downer, and governments. So workflows have been interrupted, supply chains also, and large numbers of employees and subcontractors

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