Industrials

• Downer (ASX:DOW) rose 0.70% to AU$7.16, having reported FY26 EBITAMarginof 5.1% and expanded into Victorian social housing

• The extension continues NRW's existingMiningservices arrangement with Coronado Global Resources at the Blackwater site in Queensland

• The contract includes $101 million of mechanical works and $33 million of high voltage infrastructure works, delivered for Lendlease

• The Group's fleet renewal continued with 17 new aircraft delivered during the year, with the first A350-1000ULR expected in April 2027.

• North American revenue surpassed $100 million for the first time, a 33.8% increase, reflecting new customer wins and product range expansion.

• U.S. sales rose 5.6%, with like-for-like sales up 2.4%, amid a continued subdued residential new construction market

• The Independent Expert concluded the Scheme is in the best interests of RWC shareholders in the absence of a superior proposal