“These pleasing results clearly demonstrate the strength of our business and our Urban Services strategy,” Downer Group CEO, Grant Fenn, said.
“Our performance in such challenging circumstances is a great testament to the dedication, resourcefulness and agility of our people, and I thank all our employees for their contribution.”
Downer’s Urban Services strategy aims to create a stronger platform for long-term, sustainable growth by focusing on capital light, lower risk services that deliver more predictable revenues, earnings and cash flows.
Downer has worked with Santos since 2011, and in February last year began a three-year framework agreement to provide multi-disciplinary services across their existing upstream operational sites.
In a rapidly evolving energy and industrial sector, innovation is key to success, and Downer’s Asset Services business is leading the way.